Business
Here’s why the Northern Star (ASX:NST) share price is climbing today
The Northern Star Resources Ltd (ASX: NST) share price opened more than 4% higher this morning following release of the company’s half-year results. At the time of writing, the Northern Star share price is trading up $3.95% at $12.37.
Northern Star Resources is a gold production and exploration company with a resource base located in Australia and North America’s gold regions.
Record profits and interim dividend boost Northern Star share price
The company reported that it achieved record profits, cash flow, and interim dividend in the 6 months leading to 31 December 2020.
Northern Star’s net profit after tax shot up 46% compared to the previous corresponding period (pcp) hitting $184.5 million.
The interim dividend soared 27%…
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