Northern Star Resources Ltd
NST: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.X | LOCK|>>l | LOCK|!Qyl&Tx |
Northern Star: After Building a Stake, Activist Investor Elliott Suggests It Put Itself Up for Sale
On June 2, Northern Star shares are 12% higher on a poor day for many Australian-listed gold miners after activist investor Elliott bought a 4% stake, pressing for change. Elliott's primary goal is sale of all or part of the firm, or failing that, management and board changes to hasten turnaround.
