Northern Star Resources (ASX:NST) Market Cap: A$28,431 Mil (As of Jun. 26, 2026)


ASX:NST Northern Star Resources Ltd ASX:NST
96 GF Score
Price A$20.59
GF Value A$20.05
Valuation Fairly Valued
! 3 Warning Signs
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What is Northern Star Resources Market Cap?

Northern Star Resources ASX:NST +3.36% 96 Market Cap is A$28,431 Mil as of Jun. 26, 2026. GuruFocus rates ASX:NST with a GF Score™ of 96/100 and a GF Value™ of A$20.05 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,688 Metals & Mining companies, Northern Star Resources ranks better than 98.62% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Northern Star Resources's share price for the quarter that ended in Dec. 2025 was A$26.73. Northern Star Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 1,430 Mil. Therefore, Northern Star Resources's market cap for the quarter that ended in Dec. 2025 was A$38,219 Mil.

Northern Star Resources's quarterly market cap increased from Dec. 2024 (A$17,669 Mil) to Jun. 2025 (A$26,500 Mil) and increased from Jun. 2025 (A$26,500 Mil) to Dec. 2025 (A$38,219 Mil).

Northern Star Resources's annual market cap increased from Jun. 2023 (A$13,894 Mil) to Jun. 2024 (A$14,939 Mil) and increased from Jun. 2024 (A$14,939 Mil) to Jun. 2025 (A$26,500 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Northern Star Resources's Enterprise Value for Today is A$29,360 Mil.


Northern Star Resources  (ASX:NST) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Northern Star Resources Market Cap Related Terms


Northern Star Resources Market Cap Historical Data

* Premium members only.

The historical data trend for Northern Star Resources's Market Cap 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 Market Cap Chart

Northern Star Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,380.86 7,969.46 13,894.48 14,939.37 26,499.58

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
Market Cap 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 15,686.87 14,939.37 17,669.49 26,499.58 38,219.33

ASX:NST vs NEM, AU: Market Cap Comparison

For the Gold subindustry, Northern Star Resources's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Northern Star Resources's Market Cap distribution charts can be found below:

* The bar in red indicates where Northern Star Resources's Market Cap falls into.


ASX:NST
96GF Score
Northern Star Resources Ltd ASX:NST
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Star Resources Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Northern Star Resources's Market Cap for the fiscal year that ended in Jun. 2025 is calculated as

Market Cap (A: Jun. 2025 )=Share Price (A: Jun. 2025 )*Shares Outstanding (EOP) (A: Jun. 2025 )
=A$18.55*1428.549
=A$26,500

Northern Star Resources's Market Cap for the quarter that ended in Dec. 2025 is calculated as

Market Cap (Q: Dec. 2025 )=Share Price (Q: Dec. 2025 )*Shares Outstanding (EOP) (Q: Dec. 2025 )
=A$26.73*1429.829
=A$38,219

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of A$28,431 Mil mean?
Northern Star Resources (ASX:NST) has a Market Cap of A$28,431 Mil as of Jun. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Northern Star Resources and its competitors. According to the industry distribution chart, Northern Star Resources ranks #37 out of 2688 companies in the Metals & Mining industry, placing it in the top 1.4%.
Is Northern Star Resources' Market Cap too high?
Northern Star Resources' current Market Cap is A$28,431 Mil. Based on the distribution chart, Northern Star Resources ranks #37 out of 2688 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Northern Star Resources has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Northern Star Resources' Market Cap compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Northern Star Resources ranks #37 out of 2688 companies for Market Cap. This places Northern Star Resources in the top 1% of its industry — outperforming the majority of peers. The industry median Market Cap is 21.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Metals & Mining company?
The median Market Cap among Metals & Mining companies is 21.64, based on 2,688 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Northern Star Resources and its competitors. For the Metals & Mining industry, the median Market Cap is 21.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Star Resources's current Market Cap is A$28,431 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 (ASX:NST) is currently considered Fairly Valued. The stock's GF Value™ is A$20.05, compared to a current price of A$20.59 — trading 2.7% above its estimated fair value. The current Market Cap is A$28,431 Mil. Northern Star Resources' overall GF Score™ is 96/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Northern Star Resources (ASX:NST), the current Market Cap is A$28,431 Mil as of Jun. 26, 2026. 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 (ASX:NST) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Star Resources stock appears to be overvalued. The current stock price of A$20.59 is trading 2.7% above its estimated GF Value™ of A$20.05. GuruFocus considers Northern Star Resources to be Fairly Valued.

Key valuation signals for ASX:NST:

  • Market Cap: A$28,431 Mil
  • GF Value™: A$20.05 vs. price of A$20.59 (2.7% above fair value)
  • GF Score™: 96/100 with 3 warning signs

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


Northern Star Resources Business Description

Other Exchanges NESRF:USANS7:Germany
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.
96GF Score

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Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$20.59
Price
A$20.05
GF Value