Northern Star Resources Announces Profit Surge

Northern Star Resources Ltd (AU:NST) has released an update.

Northern Star Resources Ltd has reported a robust financial performance for the 12-month period ending June 30, 2024, with revenue climbing by 19.1% to A$4,921.2 million and profits after tax increasing by 9.1% to A$638.5 million. Shareholders will receive an interim unfranked dividend of 15 cents per share and a final unfranked dividend of 25 cents per share, with the final dividend payment scheduled for September 26, 2024. The company’s net tangible assets per security also saw a rise from A$7.31 to A$7.59, reflecting a solid growth in the company’s underlying assets.

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