NESRF (Northern Star Resources) Shares Outstanding (EOP): 1,430 Mil (As of Dec. 2025)


NESRF Northern Star Resources Ltd NESRF
93 GF Score
Price $13.88
GF Value $14.54
Valuation Fairly Valued
! 3 Warning Signs
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What is Northern Star Resources Shares Outstanding (EOP)?

Northern Star Resources NESRF +0.76% 93 Shares Outstanding (EOP) is 1,430 Mil as of Dec. 2025. GuruFocus rates NESRF with a GF Score™ of 93/100 and a GF Value™ of $14.54 (Fairly Valued). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Northern Star Resources's shares outstanding for the quarter that ended in Dec. 2025 was 1,430 Mil.

Northern Star Resources's quarterly shares outstanding increased from Jun. 2025 (1,429 Mil) to Dec. 2025 (1,430 Mil). It means Northern Star Resources issued new shares from Jun. 2025 to Dec. 2025 .

Northern Star Resources's annual shares outstanding increased from Jun. 2024 (1,149 Mil) to Jun. 2025 (1,429 Mil). It means Northern Star Resources issued new shares from Jun. 2024 to Jun. 2025 .


Northern Star Resources  (OTCPK:NESRF) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Northern Star Resources Shares Outstanding (EOP) Related Terms


Northern Star Resources Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Northern Star Resources's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Northern Star Resources Shares Outstanding (EOP) Chart

Northern Star Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,163.69 1,165.13 1,150.21 1,149.18 1,428.55

Northern Star Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,149.22 1,149.18 1,144.40 1,428.55 1,429.83

NESRF vs NEM, AU: Shares Outstanding (EOP) Comparison

For the Gold subindustry, Northern Star Resources's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northern Star Resources Shares Outstanding (EOP) vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Northern Star Resources's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Northern Star Resources's Shares Outstanding (EOP) falls into.


NESRF
93GF Score
Northern Star Resources Ltd NESRF
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Star Resources Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 1,430 Mil mean?
Northern Star Resources (NESRF) has a Shares Outstanding (EOP) of 1,430 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Northern Star Resources and its competitors.
Is Northern Star Resources' Shares Outstanding (EOP) too high?
Northern Star Resources' current Shares Outstanding (EOP) is 1,430 Mil. Overall, Northern Star Resources has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Northern Star Resources' Shares Outstanding (EOP) compare to NEM and AU?
Northern Star Resources' Shares Outstanding (EOP) of 1,430 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Metals & Mining company?
A good Shares Outstanding (EOP) depends on the Metals & Mining industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Northern Star Resources and its competitors. Northern Star Resources's current Shares Outstanding (EOP) is 1,430 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Star Resources stock overvalued right now?
Based on GuruFocus' analysis, Northern Star Resources (NESRF) is currently considered Fairly Valued. The stock's GF Value™ is $14.54, compared to a current price of $13.88 — trading 4.6% below its estimated fair value. The current Shares Outstanding (EOP) is 1,430 Mil. Northern Star Resources' overall GF Score™ is 93/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Northern Star Resources (NESRF), the current Shares Outstanding (EOP) is 1,430 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Northern Star Resources (NESRF) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Star Resources stock appears to be undervalued. The current stock price of $13.88 is trading 4.6% below its estimated GF Value™ of $14.54. GuruFocus considers Northern Star Resources to be Fairly Valued.

Key valuation signals for NESRF:

  • Shares Outstanding (EOP): 1,430 Mil
  • GF Value™: $14.54 vs. price of $13.88 (4.6% below fair value)
  • GF Score™: 93/100 with 3 warning signs

No single metric tells the full story. See the NESRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northern Star Resources Business Description

Other Exchanges NS7:GermanyNST:Australia
Address 500 Hay Street, Level 4, Subiaco, Perth, WA, AUS, 6008
Northern Star is an Australia-based midtier global gold miner that sold around 1.6 million ounces of gold in fiscal 2025 from its three wholly owned mining operations in Australia and Alaska. Its operations are the result of significant merger and acquisition activity including 14 acquisitions and four asset sales since 2010. It had roughly a decade of reserves at the end of fiscal 2025.
93GF Score

Get the complete analysis for NESRF

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.88
Price
$14.54
GF Value