If there is one gold stock to add to a portfolio, IMO it has to be NORTHERN STAR (NST). I invite you to view its 10 year price chart - tell me this is a CSL equivalent - far and few companies ever increase shareholder value and wealth consistently over a decade. And it may be a good time to include because gold price has come down after the market has turned up. NST inclusion will add as a natural hedge when the market turns down at some point going forwards and it also trading at a $1 below its all time high of $9.97. On a reward risk perspective, this is a commendable stock , management knows how to create value, just witness its great Pogo Mine acquisition in Alaska which has an upside. Very few gold stocks tell you how much NPAT they actually make but NST is never shy because it delivers and goods.
Column 1 Column 2 0 NORTHERN STAR (NST) 1 Shares in Issue 649.873 2 Share Price $ 8.87 3 Market Cap (mil) $ 5,761.12 4 Annualised Net Profit (mil) $ 178.00 5 PE multiple 32.37 6 EBITDA $ 443.60 7 EBITDA multiple 12.99 8 Cash in Bank (mil) $ 292.00
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