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Elliott Management's investment thesis on Northern Star Resources Limited ($NST.AX) — Q2 2026 | Buyside Digest

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$NST.AXNorthern Star Resources Limited

NEUTRAL

Elliott Management

Fund Letter

Q2 2026

Published August 10, 2026

View Fund Profile

$24.07USD

Current Market Price

Market Cap$31.6B

Pitch Price$22.52

Technical Chart

From the Fund Letter

Northern Star is a top-10 global gold miner by production. NST owns a...

— Marc Steinberg & Jesse Cohn

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Other investors who've written on Northern Star Resources Limited

PM Capital Australian Companies FundBULL

Pitched Oct 30, 2026

Northern Star’s re-rating reflected a governance reset and corporate interest in the company. After constructive discussions...

PM Capital Global Companies FundBULL

Pitched Oct 30, 2026

Northern Star attracted activist Elliott and an unsolicited offer from Gold Fields. The board rejected...

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