Full Year 2020 Northern Star Resources Ltd Earnings Call Transcript
Good day, and welcome to Northern Star's Full-Year 2020 financial results. This is Hugh, your operator speaking. (Operator Instructions) And for opening remarks, I'd like to pass over please to Mr. Bill Beament, Executive Chair. Please go ahead, sir.
Thanks, Hugh, and thanks for joining us on the call today. Also today, we have our Chief Executive Officer, Stuart Tonkin; and CFO, Ryan Gurner on the call. If I could summarize today's results in one word, it would be cash flow. Our results today come down to the simple fact that our underlying free cash flow surged by $277 million or 190% to $423.1 million. It is important to note that this was achieved on an average realized gold price of 2,200 Australian ounce which is over $500 below the current spot price of 2,750 Australian ounce. This cash flow highlights the strength of our business. It shows how we are leveraged to the strong gold price. This is due in part to the fact that Northern Star is now the second biggest gold producer on
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
