Nevsun Resources Company Profile (TSE:NSU)

About Nevsun Resources (TSE:NSU)

Nevsun Resources logoNevsun Resources Ltd. is a base metals company. The Company's two principal properties are the Timok Project in Serbia, which hosts the copper-gold Cukaru Peki deposit on the Brestovac-Metovnica Exploration Permit (the B-M Permit) and the Bisha Property in Eritrea, which hosts the copper-zinc-gold Bisha deposit and includes satellite volcanogenic massive sulphides (VMS) deposits at Harena, Northwest, Hambok and Asheli. The Company's principal mining operation is the Bisha Mine, which is located on the Bisha Property. The Timok Project is located in eastern Serbia near the Bor Mining and Smelting complex. The Timok project is located within the central zone of the Timok Magmatic Complex (TMC), in the Serbian section of the East European Carpathian-Balkan Arc. In addition, the Company owns the New Mogoraib River Exploration License, which covers an area of 630 square kilometers and the Tabakin Exploration License covering 184 square kilometers both adjacent to the Bisha Mining License.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Copper
  • Sub-Industry: N/A
  • Symbol: TSE:NSU
  • CUSIP: N/A
  • Web:
  • Market Cap: C$718.97 million
  • Outstanding Shares: 302,087,000
Average Prices:
  • 50 Day Moving Avg: C$2.76
  • 200 Day Moving Avg: C$3.05
  • 52 Week Range: C$1.96 - C$3.52
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 29.75
  • P/E Growth: -4.78
Sales & Book Value:
  • Annual Revenue: C$196.85 million
  • Price / Sales: 3.65
  • Book Value: C$2.92 per share
  • Price / Book: 0.82
  • Dividend Yield: 1.9%
  • EBITDA: C$42.85 million
  • Net Margins: -106.23%
  • Return on Equity: -19.71%
  • Return on Assets: -22.57%
  • Average Volume: 876,646 shs.
  • Short Ratio: 4.27

Frequently Asked Questions for Nevsun Resources (TSE:NSU)

What is Nevsun Resources' stock symbol?

Nevsun Resources trades on the Tornton Stock Exchange (TSX) under the ticker symbol "NSU."

How often does Nevsun Resources pay dividends? What is the dividend yield for Nevsun Resources?

Nevsun Resources declared a quarterly dividend on Wednesday, September 13th. Shareholders of record on Friday, September 29th will be paid a dividend of 0.01 per share on Tuesday, October 17th. This represents a $0.04 annualized dividend and a dividend yield of 1.68%. The ex-dividend date is Thursday, September 28th. View Nevsun Resources' Dividend History.

How were Nevsun Resources' earnings last quarter?

Nevsun Resources (TSE:NSU) posted its earnings results on Thursday, February, 23rd. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.01) by $0.04. The business earned $36.19 million during the quarter. Nevsun Resources had a negative return on equity of 19.71% and a negative net margin of 106.23%. View Nevsun Resources' Earnings History.

When will Nevsun Resources make its next earnings announcement?

Nevsun Resources is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Nevsun Resources.

Where is Nevsun Resources' stock going? Where will Nevsun Resources' stock price be in 2017?

6 brokers have issued 1-year target prices for Nevsun Resources' stock. Their forecasts range from C$3.25 to C$6.50. On average, they anticipate Nevsun Resources' stock price to reach C$4.33 in the next year. View Analyst Ratings for Nevsun Resources.

What are analysts saying about Nevsun Resources stock?

Here are some recent quotes from research analysts about Nevsun Resources stock:

  • 1. According to Zacks Investment Research, "NEVSUN RESOURCES LTD., is a natural resource company engaged in the acquisition, exploration, development and production of mineral properties. The Company's portfolio is focused on properties in Africa with gold and base metal (copper and zinc) resources/reserves. The Company's principal mineral properties are the Bisha property located in Eritrea, North-East Africa. " (10/14/2017)
  • 2. BMO Capital Markets analysts commented, "Nevsun reported a new resource update this morning with encouraging data points, including estimated higher zinc (Zn) recoveries from the Harena deposit, and a new high-grade resource at Asheli. As NSU's original Zn and copper (Cu) recovery targets are not yet proven to be achievable, we are modelling more conservative long-term recovery forecasts for Bisha. NSU's share price has not rebounded post the dividend cut last month and we believe the price has now reached an attractive valuation point, despite our more conservative forecast. We therefore upgrade NSU to Outperform." (3/24/2017)

Who are some of Nevsun Resources' key competitors?

Who are Nevsun Resources' key executives?

Nevsun Resources' management team includes the folowing people:

  • Ian Wilton Pearce, Chairman of the Board
  • Peter Gerald Jan Kukielski, President, Chief Executive Officer, Director
  • Thomas S. Whelan, Chief Financial Officer
  • Frazer W. Bourchier, Chief Operating Officer
  • Peter Tam, Vice President - Finance
  • Ken Engquist, Vice President - Project Development
  • Peter M. Manojlovic, Vice President - Exploration
  • Todd E. Romaine, Vice President - Corporate Social Responsibility
  • Scott A. Trebilcock, Chief Development Officer
  • Joseph P. Giuffre, Chief Legal Officer and Corporate Secretary

How do I buy Nevsun Resources stock?

Shares of Nevsun Resources and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Nevsun Resources' stock price today?

One share of Nevsun Resources stock can currently be purchased for approximately C$2.38.

MarketBeat Community Rating for Nevsun Resources (TSE NSU)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  189 (Vote Outperform)
Underperform Votes:  309 (Vote Underperform)
Total Votes:  498
MarketBeat's community ratings are surveys of what our community members think about Nevsun Resources and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Nevsun Resources (TSE:NSU) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: C$4.33
Consensus Price Target History for Nevsun Resources (TSE:NSU)
Price Target History for Nevsun Resources (TSE:NSU)
Analysts' Ratings History for Nevsun Resources (TSE:NSU)
DateFirmActionRatingPrice TargetDetails
9/8/2017ScotiabankUpgradeSector Perform -> OutperformC$3.50View Rating Details
8/17/2017Eight CapitalReiterated RatingNeutralView Rating Details
8/16/2017BMO Capital MarketsDowngradeOutperform -> Market PerformC$4.00 -> C$3.25View Rating Details
8/15/2017Raymond James Financial, Inc.Reiterated RatingMkt Perform -> Mkt PerformView Rating Details
8/11/2017Royal Bank Of CanadaDowngradeOutperform -> Sector PerformC$5.50 -> C$4.00View Rating Details
8/10/2017TD SecuritiesDowngradeBuy -> HoldC$5.00 -> C$4.00View Rating Details
2/27/2017Paradigm CapitalLower Price TargetC$7.70 -> C$6.50View Rating Details
2/24/2017Canaccord GenuityUpgradeHold -> BuyView Rating Details
6/20/2016Dundee SecuritiesBoost Price TargetC$6.25 -> C$7.00View Rating Details
(Data available from 10/19/2015 forward)


Earnings History for Nevsun Resources (TSE:NSU)
Earnings by Quarter for Nevsun Resources (TSE:NSU)
Earnings History by Quarter for Nevsun Resources (TSE NSU)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017N/AView Earnings Details
2/23/201712/31/2016C($0.01)C($0.05)C$36.19 millionViewN/AView Earnings Details
10/27/2016Q316C$0.01C$0.01C$22.50 millionC$22.90 millionViewN/AView Earnings Details
4/21/2016Q116C$0.02C$0.04C$72.00 millionC$92.40 millionViewN/AView Earnings Details
10/29/2015C$0.02C$0.01ViewN/AView Earnings Details
7/30/2015Q2C$0.08C$0.05ViewN/AView Earnings Details
7/30/2015Q215C$0.08C$0.05C$113.11 millionC$104.20 millionViewN/AView Earnings Details
4/30/2015Q115C$0.06C$0.06C$108.12 millionC$117.20 millionViewN/AView Earnings Details
2/26/2015Q414C$0.14C$0.11C$189.80 millionC$138.70 millionViewN/AView Earnings Details
10/30/2014Q3 2014C$0.13C$0.13C$164.90 millionC$147.90 millionViewN/AView Earnings Details
8/4/2014C$0.15C$0.16ViewN/AView Earnings Details
7/31/2014Q2 2014C$0.14C$0.15C$149.70 millionC$169.20 millionViewN/AView Earnings Details
5/8/2014C$0.14C$0.09ViewN/AView Earnings Details
5/6/2014Q1 2014C$0.11C$0.08C$139.60 millionC$99.15 millionViewN/AView Earnings Details
3/12/2014C$0.03C($0.03)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Nevsun Resources (TSE:NSU)
2017 EPS Consensus Estimate: $0.09
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.03$0.03$0.03
Q2 20171$0.04$0.04$0.04
Q3 20171$0.01$0.01$0.01
Q4 20171$0.01$0.01$0.01
(Data provided by Zacks Investment Research)


Dividend History by Quarter for Nevsun Resources (TSE NSU)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Nevsun Resources (TSE:NSU)
Insider Trades by Quarter for Nevsun Resources (TSE:NSU)
Institutional Ownership by Quarter for Nevsun Resources (TSE:NSU)
Insider Trades by Quarter for Nevsun Resources (TSE:NSU)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/25/2017Scott TrebilcockInsiderBuy40,000C$2.82C$112,800.00
8/22/2017Peter Gerald Jan KukielskiInsiderBuy105,000C$2.62C$275,100.00
5/11/2017Anne Elizabeth GiardiniDirectorBuy24,000C$3.13C$75,120.00
5/10/2017Anne Elizabeth GiardiniDirectorBuy46,000C$3.15C$144,900.00
5/9/2017Anne Elizabeth GiardiniDirectorBuy30,000C$3.09C$92,700.00
5/4/2017Joseph Paul GiuffreInsiderBuy10,000C$2.92C$29,200.00
5/4/2017Stephen Victor ScottDirectorBuy5,000C$2.85C$14,250.00
5/2/2017Stephen Victor ScottDirectorBuy7,500C$3.15C$23,625.00
5/1/2017Thomas S WhelanInsiderBuy50,000C$3.13C$156,500.00
3/17/2017Peter TamInsiderBuy10,000C$3.28C$32,800.00
3/9/2017Ian PearceDirectorBuy29,500C$2.50C$73,750.00
2/27/2017Joseph Paul GiuffreInsiderBuy18,500C$3.51C$64,935.00
10/5/2016Gary Edward GermanDirectorSell20,000C$3.72C$74,400.00
9/2/2016Thomas S WhelanInsiderBuy50,000C$4.10C$205,000.00
(Data available from 1/1/2013 forward)


Headline Trends for Nevsun Resources (TSE:NSU)
Latest Headlines for Nevsun Resources (TSE:NSU)
DateHeadline logoNevsun Resources (NSU) Scheduled to Post Quarterly Earnings on Thursday - October 19 at 4:46 AM logoNevsun Resources (NSU) Downgraded by Zacks Investment Research - October 14 at 6:24 AM logoNevsun Resources (NSU) Receives Average Rating of "Hold" from Brokerages - October 4 at 2:52 PM logoNevsun Resources (NSU) Announces COO Frazer Bourchier to Step Down - - September 22 at 11:32 AM logoNevsun Resources Declares Quarterly Dividend - September 15 at 6:53 AM logoNevsun Resources to Issue Quarterly Dividend of $0.01 (NSU) - September 13 at 6:42 PM logoNevsun Declares Third Quarterly Dividend of 2017 - September 13 at 7:14 AM logoNevsun Resources (NSU) Receives Average Rating of "Hold" from Analysts - September 9 at 11:04 AM logoWhy Nevsun Resources Is a Screaming Buy Right Now - September 9 at 6:48 AM logoNevsun Resources (NSU) Upgraded by Scotiabank to Outperform - September 8 at 11:30 AM logoNevsun Resources: Insider Buying Alert - August 30 at 7:22 AM logoScott Trebilcock Acquires 40,000 Shares of Nevsun Resources (NSU) Stock - August 28 at 1:22 PM logoInsider Buying: Nevsun Resources (NSU) Insider Acquires 105,000 Shares of Stock - August 23 at 4:20 PM logoNevsun Resources (NSU) Names Ryan MacWilliam as CFO - - August 23 at 9:20 AM logoETFs with exposure to Nevsun Resources Ltd. : August 21, 2017 - August 23 at 9:20 AM logoNevsun Resources Ltd. :NSU-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 22, 2017 - August 23 at 9:20 AM logoNevsun Resources names X2's MacWilliam as new CFO - August 22 at 12:19 AM logoBMO Capital Downgrades Nevsun Resources (NSU) to Market Perform - - August 17 at 9:56 PM logoNevsun Resources (NSU) Stock Rating Reaffirmed by Eight Capital - August 17 at 2:23 PM logoNevsun Resources (NSU) Rating Lowered to Market Perform at BMO Capital Markets - August 16 at 8:56 AM logoRaymond James Financial, Inc. Reiterates Mkt Perform Rating for Nevsun Resources (NSU) - August 15 at 3:38 PM logoNevsun Resources (NSU) Receives Average Recommendation of "Buy" from Brokerages - August 15 at 2:50 PM logoNevsun Resources: Copper/Zinc Catalysts Ahead - Seeking Alpha - Seeking Alpha - August 15 at 4:13 AM logoNevsun Resources (NSU) Downgraded by TheStreet to D+ - August 12 at 3:58 PM logoNevsun Resources' (NSU) CEO Cliff Davis on Q2 2017 Results - Earnings Call Transcript - August 12 at 6:24 AM logoNevsun Resources (TSE:NSU) Rating Lowered to Sector Perform at Royal Bank Of Canada - August 11 at 8:08 PM logoNevsun Resources' (NSU) CEO Peter Kukielski on Q2 2017 Results - Earnings Call Transcript - August 11 at 7:02 AM logoEdited Transcript of NSU.TO earnings conference call or presentation 10-Aug-17 3:00pm GMT - August 11 at 7:02 AM logoNevsun Resources (NSU) Price Target Lowered to C$3.50 at Scotiabank - August 10 at 4:16 PM logoNevsun Resources (TSE:NSU) Rating Lowered to Hold at TD Securities - August 10 at 4:16 PM logoNevsun Announces Q2 Financial Results, Strategic Update and Annual Reserves - PR Newswire (press release) - August 10 at 6:16 AM logoNevsun Announces Q2 Financial Results, Strategic Update and Annual Reserves - August 10 at 6:16 AM logoNevsun reports 2Q loss - August 10 at 6:16 AM logoNevsun Resources Ltd. :NSU-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017 - August 4 at 8:51 PM logoNevsun Resources (TSE:NSU) Scheduled to Post Quarterly Earnings on Wednesday - August 2 at 8:20 AM logoNevsun: Timok Is Worth More Than Its Market Cap - July 27 at 5:24 AM logoNevsun Resources Ltd. breached its 50 day moving average in a Bullish Manner : NSU-CA : July 26, 2017 - July 27 at 5:24 AM logoETFs with exposure to Nevsun Resources Ltd. : July 24, 2017 - July 25 at 6:17 AM logoNevsun Resources (NSU) Receives Average Recommendation of "Buy" from Analysts - July 21 at 2:45 PM logoNevsun Resources: Significantly Undervalued Mining Corporation - Seeking Alpha - July 20 at 2:36 AM logoNevsun Reports Final High Grade Infill Drill Results at Timok Upper Zone - July 20 at 2:36 AM logoNevsun Resources (NSU) Given a C$4.00 Price Target at Scotiabank - July 17 at 4:44 PM logoNevsun's Bisha Mine Back On Track? - Seeking Alpha - July 17 at 9:29 AM logoNevsun Announces the Expiration of Cliff Davis's Transition Period - July 15 at 7:00 AM logoETFs with exposure to Nevsun Resources Ltd. : July 14, 2017 - July 15 at 7:00 AM logoNevsun Resources (NSU) Reports Bisha Q2 Operating Results - - July 14 at 7:00 AM logoNevsun Reports Increased Copper Production in Bisha Q2 Operating Results - July 14 at 7:00 AM logoNevsun Resources Ltd. breached its 50 day moving average in a Bullish Manner : NSU-CA : July 12, 2017 - July 13 at 7:25 AM logoTop 5 Mining Stocks To Watch In 2017: H1 Review - Seeking Alpha - July 7 at 7:43 AM logoToday's Research Reports on Lundin Mining Corp, Nevsun Resources, Trevali Mining Corp., and Wheaton Precious Metals Corp. - July 5 at 9:02 AM



Nevsun Resources (NSU) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by Staff

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