Capital Signal

Northern Star Resources LTD (ASX: NST)

Sector: Materials

Market cap: A$36.0B (as of 2 Nov 2026)

Northern Star is a global-scale gold producer with three high-quality production centres: Kalgoorlie, Yandal and Pogo, and a development project, Hemi, located in low sovereign risk jurisdictions of Western Australia and Alaska.

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
19 Dec 2022Placement$1.48M$0.01—Filing ↗
30 Jan 2020SPP$50M$9.00—Filing ↗
6 May 2019Placement$15M$0.13—Filing ↗
17 Mar 2019Placement$3.65M$0.222.2% discountFiling ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
10 Sept 2026Elliott Associates, L.P. (Elliott Associates), Elliott International, L.P. (Elliott International), The Liverpool Limited Partnership (Liverpool), Elliott Investment Management L.P. (EIM), Elliott Investment Management GP LLC (EIM GP), each of their respective related bodies corporate (Elliott group members) and Paul E. SingerEntry?% → 6.24%Filing ↗
24 Dec 2025Van Eck Associates CorporationExit—Filing ↗
30 Sept 2025JPMorgan Chase & Co. and its affiliatesEntry?% → 9.02%Filing ↗
25 Sept 2025Vanguard Group (The Vanguard Group, Inc. and its controlled entities)Increase5.001% → 6.046%Filing ↗
24 Sept 2025Van Eck Associates Corporation (and its associates as referred to in paragraph 6)Decrease6.75% → 5.63%Filing ↗

Director trades — on-market

DateDirectorTradeSource
29 Oct 2026PETER ROZENAUERSBought 3,916Filing ↗
11 Sept 2026MARNIE HELEN FINLAYSONBought 1,309Filing ↗
4 Sept 2026JEFFREY ALLAN QUARTERMAINEBought 10,000Filing ↗
26 Sept 2025MARNIE HELEN FINLAYSONBought 1,762Filing ↗
23 May 2025STUART PETER TONKINSold 200,000 sharesFiling ↗

Cash and runway

MetricValueAs ofSource
CashA$968M30 Sept 2026Filing ↗

Latest guidance

DatePeriodGuidanceSource
21 Oct 2026FY27FY27 Group production is forecast at 1,500–1,650koz of gold sold at an AISC of A$3,050–3,450/oz. Production is expected to be weighted to the second half, reflecting the progressive ramp-up of KCGM's expanded processing facility.Filing ↗

Ask about NST in Claude or ChatGPT

Add the Capital Signal connector at https://capitalsignal.io/api/mcp, then ask:

  • Has NST raised money in the last year, and at what discount?
  • What was NST's latest cash position and runway?

Setup guide for Claude, ChatGPT and other MCP clients →

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