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Northern Star Resources Ltd. (OTCMKT:NESRF) Seasonal Chart

NESRF Relative to the S&P 500
NESRF Relative to the S&P 500

NESRF Relative to the Sector
NESRF Relative to the Sector

Monthly Seasonal Northern Star Resources Ltd. (OTCMKT:NESRF)

Seasonal Chart Analysis

Analysis of the Northern Star Resources Ltd. (OTCMKT:NESRF) seasonal charts above shows that a Buy Date of December 3 and a Sell Date of March 7 has resulted in a geometric average return of 36.26% above the benchmark rate of the S&P 500 Total Return Index over the past 5 years. This seasonal timeframe has shown positive results compared to the benchmark in 5 of those periods. This is an excellent rate of success, but the return underperforms the relative buy-and-hold performance of the stock over the past 5 years by an average of 0.01% per year.

The seasonal timeframe is Inline with the period of seasonal strength for the Materials sector, which runs from November 20 to May 5. The seasonal chart for the broad sector is available via the following link: Materials Sector Seasonal Chart.

A word of caution: Only 5 years of data is available for shares of NESRF, perhaps insufficient to create a seasonal profile that accurately gauges the seasonal tendencies influencing the investment. Ideally, while 20 years is preferred, at least 10 years of data is required to perform a seasonal analysis that is considered to be reliable for future seasonal periods.

Northern Star Resources Ltd is one of Australia’s largest gold producers, with projects located in Western Australia. The company has five mine operations: Jundee, Kundana, Kanowna Belle, Plutonic, and Paulsens. Jundee, the group’s largest contributor of revenue and earnings, is an underground mine located in the Northern Goldfields region of Western Australia, around 45 kilometres northeast of Wiluna and approximately 520 kilometres north of Kalgoorlie. In 2015, the company announced a joint venture on the Central Tanami Project in the Northern Territory.

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