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Down 40% in a month. Does the Northern Star share price have further to fall?

Down 40% in a month. Does the Northern Star share price have further to fall?

The Northern Star Resources Ltd (ASX: NST) share price has come under selling pressure in recent weeks.

On Monday, Northern Star shares finished at $17.21, down 6.97% for the session. This leaves the stock down more than 20% over the past week and roughly 40% over the past month.

The decline follows a combination of company-specific issues and weakness in the gold price.

Let’s take a closer look at what has been driving the sell-off.

Man with a hand on his head looks at a red stock market chart showing a falling share price.

Image source: Getty Images

Guidance downgrade shakes confidence

The initial move lower came after Northern Star released an operational update earlier this month.

In that update, the company revised its FY26 production outlook toward the lower end of its guidance range….

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