Northern Star Resources Ltd (AU:NST) has released an update.
Northern Star Resources Ltd reported robust operational and financial results for the June 2024 quarter, achieving record gold sales of 438,926oz and significant net mine cash flow, with an all-in sustaining cost (AISC) of A$1,815/oz. The company highlighted the success of its growth strategy, which has led to a cumulative underlying free cash flow of A$1.3 billion over FY22-24, and it remains on track to reach a 2Moz production target by FY26. Northern Star has a strong balance sheet with net cash of A$359 million as of June 30, and is advancing through a profitable growth strategy aimed at delivering superior shareholder returns.
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