Goldman Sachs Names Northern Star (NESRF) “Buy” on Gold Rally

Group 1 - Northern Star Resources Limited is recognized as one of the best performing ASX stocks in 2025, with Goldman Sachs increasing its long-term gold price forecast to $3,300 per ounce, up from $2,850, and suggesting potential prices could reach $4,500–$5,000 in certain scenarios [1][2] - Goldman Sachs has labeled Northern Star as a well-positioned "Buy" among Australia's large-cap gold miners, indicating that the company is relatively undervalued compared to its peers and is expected to benefit from rising gold prices [2] - The bank anticipates that gold stocks, including Northern Star, will outperform the actual commodity price through 2025 due to strong profit margins [2] Group 2 - Northern Star Resources Limited is an Australian gold mining company engaged in acquiring, exploring, developing, and operating gold deposits across Western Australia, the Northern Territory, and Alaska [3] - The company's primary assets include the Kalgoorlie Consolidated Gold Mines, the Yandal and Pogo operations, and the recently acquired Hemi gold project, with gold bullion as its main product produced through large-scale open-pit and underground mining operations [3]