Sydney, Feb 25, 2026, 17:35 AEDT — The market has shut for the day.
- Northern Star finished the day up 2.1% at A$30.39, following a volatile session.
- Gold gained, with tariff uncertainty putting safety trades back in play.
- Attention shifts now to the stock’s March dividend schedule, with eyes also on the quarterly update expected in late April.
Northern Star Resources Ltd closed at A$30.39 on Wednesday, up 2.1%. Shares shifted in a range from A$29.72 to A$30.63 during the session. The stock has now climbed about 7% since last Friday’s close.
Bullion climbed in Asian trading, with spot gold rising roughly 1% to about $5,198 an ounce as traders digested fresh uncertainty around U.S. tariffs following a court decision and China’s markets reopened after the holiday break. “The return of the Chinese market, along with increased policy uncertainty in the United States, is maintaining the appeal of gold,” said Kyle Rodda, senior market analyst at Capital.com. Reuters
Money kept shifting into ASX-listed gold stocks, with risk sentiment still unsteady. Evolution Mining moved up on the day as well, showing buyers weren’t just chasing Northern Star.
Northern Star investors are eyeing the interim dividend as the next key event. The shares go ex-dividend on March 4, so anyone picking up the stock from that day misses out on the payout. Books close March 5, and the dividend hits accounts March 26, per market calendars.
Gold remains the main driver here. The focus now shifts to Asia hours on Thursday, with traders eyeing whether those recent gains can stick. Any surprise U.S. trade news or a shakeup in rate bets could pull buyers away from the sector.
Another, more basic risk: gold pulls back. A stronger U.S. dollar, investors cashing out after the rally, or just a shift in risk appetite can hit miners hard—and the hottest stocks usually catch it first.
This week’s action in Northern Star has it facing the kind of late-week de-risking that tends to crop up when positions are packed in and trading gets thin.
Eyes now turn to two dates: March 4 brings the ex-dividend deadline, then the group posts its next quarterly numbers on April 28.
