Northern Star Resources Ltd
NST: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.qr | LOCK|%B | LOCK|f@$Vh> |
Gold Miners: We Raise Our Near-Term Gold Price Assumptions, but Our Coverage Is Overvalued
After a brief pullback in October, the gold price resumed its relentless rise and is now trading at yet another historical high of around USD 4,600 per ounce. Concerns over the Fed's independence add to strong ETF and central bank purchases and ongoing US fiscal deficits as major tailwinds.
