Nevsun Resources Company Profile (TSE:NSU)

About Nevsun Resources (TSE:NSU)

Nevsun 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: N/A
Sub-Industry: N/A
Symbol: TSE:NSU
CUSIP: N/A
Web: N/A

Capitalization:

Market Cap: C$1.02 billion
Outstanding Shares: 301,974,000

Average Prices:

50 Day Moving Avg: C$3.23
200 Day Moving Avg: C$3.78
52 Week Range: C$2.83 - C$4.63

P/E:

Trailing P/E Ratio: 484.29
P/E Growth: -15.33

Sales & Book Value:

Annual Revenue: C$209.92 million
Price / Sales: 4.88
Book Value: C$3.08 per share
Price / Book: 1.10

Dividend:

Dividend Yield: 1.6%

Profitability:

EBIDTA: C$71.33 million

Misc:

Average Volume: 874,881 shs.
Short Ratio: 3.3

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 announced a quarterly dividend on Monday, February 27th. Shareholders of record on Friday, March 31st will be paid a dividend of 0.01 per share on Thursday, April 13th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date is Wednesday, March 29th. View Nevsun Resources' Dividend History.

How were Nevsun Resources' earnings last quarter?

Nevsun Resources (TSE:NSU) announced its earnings results on Thursday, February, 23rd. The company reported ($0.05) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by $0.04. The company had revenue of $36.19 million for the quarter. View Nevsun Resources' Earnings History.

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

6 brokers have issued 1-year price targets for Nevsun Resources' shares. Their forecasts range from C$4.25 to C$7.00. On average, they anticipate Nevsun Resources' share price to reach C$5.22 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. 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)
2. 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. " (10/6/2016)

Who are some of Nevsun Resources' key competitors?

Some companies that are related to Nevsun Resources include KapStone Paper and Packaging Corp. (KS), IAMGOLD Corp (IAG), Cal-Maine Foods (CALM), Targa Resources Partners LP (NGLS), NIPPON STEEL & SUM (NSSMY), Alamos Gold Inc (US) (AGI), Cosan Ltd (CZZ), Stepan Company (SCL), Quaker Chemical Corp (KWR), Ferroglobe PLC (GSM), AK Steel Holding (AKS), Cliffs Natural Resources (CLF), Coeur Mining (CDE), Allegheny Technologies Incorporated (ATI), Grupo Simec SAB de CV (SIM), Carpenter Technology (CRS), Pretium Resources (PVG) and New Gold (NGD).

Who owns Nevsun Resources stock?

Nevsun Resources' stock is owned by a number of of retail and institutional investors. Top institutional investors include FIL Ltd (0.00%), Vanguard Group Inc. (0.00%), Jennison Associates LLC (1.80%), Renaissance Technologies LLC (0.00%), Walthausen & Co. LLC (0.00%) and Sprott Inc. (0.00%). Company insiders that own Nevsun Resources stock include Anne Elizabeth Giardini, Gary Edward German, Ian Pearce, Joseph Paul Giuffre, Peter Tam, Stephen Victor Scott and Thomas S Whelan. View Institutional Ownership Trends for Nevsun Resources.

Who sold Nevsun Resources stock? Who is selling Nevsun Resources stock?

Nevsun Resources' stock was sold by a variety of institutional investors in the last quarter, including Sprott Inc., Renaissance Technologies LLC, JPMorgan Chase & Co., Walthausen & Co. LLC, TD Asset Management Inc., Credit Suisse AG, Morgan Stanley and BARING ASSET MANAGEMENT Ltd. View Insider Buying and Selling for Nevsun Resources.

Who bought Nevsun Resources stock? Who is buying Nevsun Resources stock?

Nevsun Resources' stock was purchased by a variety of institutional investors in the last quarter, including FIL Ltd, Wells Fargo & Company MN, Jennison Associates LLC, Vanguard Group Inc., Deprince Race & Zollo Inc., Karp Capital Management Corp, Schroder Investment Management Group and BlueCrest Capital Management Ltd. Company insiders that have bought Nevsun Resources stock in the last two years include Anne Elizabeth Giardini, Ian Pearce, Joseph Paul Giuffre, Peter Tam, Stephen Victor Scott and Thomas S Whelan. View Insider Buying and Selling for Nevsun Resources.

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.

How much does a share of Nevsun Resources stock cost?

One share of Nevsun Resources stock can currently be purchased for approximately C$3.39.

Consensus Ratings for Nevsun Resources (TSE:NSU) (?)

Ratings Breakdown:	2 Hold Ratings, 4 Buy Ratings
Consensus Rating:	Buy (Score: 2.67)
Consensus Price Target:	C$5.22

Analysts' Ratings History for Nevsun Resources (TSE:NSU)

Show:

Date	Firm	Action	Rating	Price Target
4/28/2017	Scotiabank	Reiterated Rating	Sector Perform	C$4.25
4/28/2017	TD Securities	Lower Price Target	Buy	C$5.50 -> C$5.00
4/24/2017	Royal Bank of Canada	Reiterated Rating	Outperform
3/24/2017	BMO Capital Markets	Upgrade	Market Perform -> Outperform	C$4.50 -> C$4.25
2/27/2017	Paradigm Capital	Lower Price Target		C$7.70 -> C$6.50
2/24/2017	Canaccord Genuity	Upgrade	Hold -> Buy
10/5/2016	Raymond James Financial, Inc.	Lower Price Target	Market Perform	C$5.00 -> C$4.50
6/20/2016	Dundee Securities	Boost Price Target		C$6.25 -> C$7.00
9/8/2015	CIBC	Reiterated Rating	Sector Perform	$5.50 -> $5.00

(Data available from 5/27/2015 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)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
2/23/2017	12/31/2016	($0.01)	($0.05)		$36.19 million	View	N/A
10/27/2016	Q316	$0.01	$0.01	$22.50 million	$22.90 million	View	N/A
4/21/2016	Q116	$0.02	$0.04	$72.00 million	$92.40 million	View	N/A
10/29/2015		$0.02	$0.01			View	N/A
7/30/2015	Q2	$0.08	$0.05			View	N/A
7/30/2015	Q215	$0.08	$0.05	$113.11 million	$104.20 million	View	N/A
4/30/2015	Q115	$0.06	$0.06	$108.12 million	$117.20 million	View	N/A
2/26/2015	Q414	$0.14	$0.11	$189.80 million	$138.70 million	View	N/A
10/30/2014	Q3 2014	$0.13	$0.13	$164.90 million	$147.90 million	View	N/A
8/4/2014		$0.15	$0.16			View	N/A
7/31/2014	Q2 2014	$0.14	$0.15	$149.70 million	$169.20 million	View	N/A
5/8/2014		$0.14	$0.09			View	N/A
5/6/2014	Q1 2014	$0.11	$0.08	$139.60 million	$99.15 million	View	N/A
3/12/2014		$0.03	($0.03)			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Nevsun Resources (TSE:NSU)

2017 EPS Consensus Estimate: $0.09

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	1	$0.03	$0.03	$0.03
Q2 2017	1	$0.04	$0.04	$0.04
Q3 2017	1	$0.01	$0.01	$0.01
Q4 2017	1	$0.01	$0.01	$0.01

(Data provided by Zacks Investment Research)

Dividend History by Quarter for Nevsun Resources (TSE:NSU)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
2/27/2017	quarterly	$0.01	1.51%	3/29/2017	3/31/2017	4/13/2017
12/12/2016	quarterly	$0.04	4.85%	12/28/2016	12/30/2016	1/13/2017
9/19/2016	quarterly	$0.04	5.08%	9/28/2016	9/30/2016	10/14/2016
6/6/2016	quarterly	$0.04	4.6%	6/16/2016	6/20/2016	7/8/2016
3/10/2016	quarterly	$0.04	4.66%	3/29/2016	3/31/2016	4/15/2016
12/14/2015	quarterly	$0.04	6.45%	12/29/2015	12/31/2015	1/15/2016
9/9/2015	quarterly	$0.04	5.3%	9/28/2015	9/30/2015	10/15/2015
6/8/2015		$0.04		6/26/2015	6/30/2015	7/15/2015
6/8/2015	quarterly	$0.04	3.8%	6/26/2015	6/30/2015	7/15/2015
3/9/2015		$0.04		3/27/2015	3/31/2015	4/15/2015
3/10/2015	quarterly	$0.04	4.72%	3/27/2015	3/31/2015	4/15/2015
12/15/2014		$0.04		12/29/2014	12/31/2014	1/15/2015
12/16/2014	quarterly	$0.04	4.26%	12/29/2014	12/31/2014	1/15/2015
9/11/2014	quarterly	$0.04	3.46%	9/26/2014	9/30/2014	10/15/2014
9/9/2014	quarterly	$0.04		9/26/2014	9/30/2014	10/15/2014
5/27/2014	quarterly	$0.04	4.11%	6/26/2014	6/30/2014	7/15/2014
5/23/2014	quarterly	$0.04		6/26/2014	6/30/2014	7/15/2014
2/24/2014	quarterly	$0.04	3.54%	3/27/2014	3/31/2014	4/15/2014
2/24/2014	quarterly	$0.04		3/27/2014	3/31/2014	4/15/2014
11/14/2013		$0.07		12/27/2013	12/31/2013	1/15/2014
11/14/2013	semiannual	$0.07	3.97%	12/27/2013	12/31/2013	1/15/2014
5/16/2013	semiannual	$0.07	4.01%	6/26/2013	6/28/2013	7/15/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Nevsun Resources (TSE:NSU)

Institutional Ownership by Quarter for Nevsun Resources (TSE:NSU)

Insider Trades by Quarter for Nevsun Resources (TSE:NSU)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
5/11/2017	Anne Elizabeth Giardini	Director	Buy	24,000	C$3.13	C$75,120.00
5/10/2017	Anne Elizabeth Giardini	Director	Buy	46,000	C$3.15	C$144,900.00
5/9/2017	Anne Elizabeth Giardini	Director	Buy	30,000	C$3.09	C$92,700.00
5/4/2017	Joseph Paul Giuffre	Insider	Buy	10,000	C$2.92	C$29,200.00
5/4/2017	Stephen Victor Scott	Director	Buy	5,000	C$2.85	C$14,250.00
5/2/2017	Stephen Victor Scott	Director	Buy	7,500	C$3.15	C$23,625.00
5/1/2017	Thomas S Whelan	Insider	Buy	50,000	C$3.13	C$156,500.00
3/17/2017	Peter Tam	Insider	Buy	10,000	C$3.28	C$32,800.00
3/9/2017	Ian Pearce	Director	Buy	29,500	C$2.50	C$73,750.00
2/27/2017	Joseph Paul Giuffre	Insider	Buy	18,500	C$3.51	C$64,935.00
10/5/2016	Gary Edward German	Director	Sell	20,000	C$3.72	C$74,400.00
9/2/2016	Thomas S Whelan	Insider	Buy	50,000	C$4.10	C$205,000.00

(Data available from 1/1/2013 forward)

Headline Trends for Nevsun Resources (TSE:NSU) Latest Headlines for Nevsun Resources (TSE:NSU)

Source:

Date	Headline
	Nevsun Resources Ltd. – Value Analysis (TORONTO:NSU) : May 23, 2017 finance.yahoo.com - May 23 at 6:26 PM
	Nevsun Resources Ltd. breached its 50 day moving average in a Bullish Manner : NSU-CA : May 22, 2017 finance.yahoo.com - May 22 at 9:52 AM
	Nevsun: Confusion Creates Value Opportunity - Seeking Alpha seekingalpha.com - May 19 at 11:40 AM
	Nevsun Resources: Top Line Mining Play seekingalpha.com - May 16 at 6:38 PM
	Nevsun Resources (NSU) Director Buys 24,000 Shares www.americanbankingnews.com - May 11 at 4:29 PM
	Anne Elizabeth Giardini Purchases 30,000 Shares of Nevsun Resources (NSU) Stock www.americanbankingnews.com - May 11 at 12:04 AM
	Anne Elizabeth Giardini Purchases 46,000 Shares of Nevsun Resources (NSU) Stock www.americanbankingnews.com - May 10 at 11:44 PM
	Nevsun Resources (NSU) Appoints Peter Kukielski as CEO - StreetInsider.com www.streetinsider.com - May 10 at 12:00 PM
	Nevsun Resources names Kukielski as new President/CEO seekingalpha.com - May 8 at 12:17 PM
	Nevsun Resources (NSU) Appoints Peter Kukielski as CEO www.streetinsider.com - May 8 at 12:17 PM
	Nevsun Resources (NSU) Director Stephen Victor Scott Purchases 5,000 Shares www.americanbankingnews.com - May 5 at 9:41 AM
	Insider Buying: Nevsun Resources (NSU) Insider Purchases 10,000 Shares of Stock www.americanbankingnews.com - May 5 at 9:40 AM
	Nevsun Resources (NSU) Given Consensus Rating of "Buy" by Brokerages www.americanbankingnews.com - May 5 at 8:18 AM
	Nevsun Releases 2016 Corporate Social Responsibility Report finance.yahoo.com - May 4 at 6:59 PM
	Nevsun Resources (NSU) Director Stephen Victor Scott Purchases 7,500 Shares www.americanbankingnews.com - May 4 at 12:30 AM
	Nevsun Resources (NSU) Insider Thomas S. Whelan Acquires 50,000 Shares www.americanbankingnews.com - May 3 at 11:12 PM
	Nevsun Resources (NSU) Given Daily News Sentiment Rating of 0.16 www.americanbankingnews.com - May 3 at 6:48 PM
	Nevsun Receives Strong Support from Shareholders at 2017 AGM finance.yahoo.com - May 3 at 5:54 PM
	Stephen Victor Scott Buys 7,500 Shares of Nevsun Resources (NSU) Stock www.americanbankingnews.com - May 2 at 7:12 PM
	Somewhat Favorable Press Coverage Unlikely to Impact Nevsun Resources (NSU) Stock Price www.americanbankingnews.com - April 30 at 3:27 PM
	Edited Transcript of NSU.TO earnings conference call or presentation 28-Apr-17 3:00pm GMT finance.yahoo.com - April 29 at 7:22 PM
	Nevsun Resources (NSU) Price Target Cut to C$5.00 www.americanbankingnews.com - April 29 at 10:06 AM
	Nevsun Resources (NSU) Given "Sector Perform" Rating at Scotiabank www.americanbankingnews.com - April 29 at 10:06 AM
	Nevsun Resources' (NSU) CEO Cliff Davis on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha seekingalpha.com - April 29 at 12:56 AM
	Nevsun: More Downside Ahead Or Is A Bottom In? seekingalpha.com - April 28 at 7:55 PM
	Nevsun posts 1Q loss marketbeat.com - April 27 at 7:45 PM
	Nevsun Continues to Rapidly Advance Timok and Produces Copper at Bisha in Q1 2017 finance.yahoo.com - April 27 at 7:25 PM
	Nevsun Resources beats by $0.02, misses on revenue seekingalpha.com - April 27 at 7:22 PM
	Nevsun Resources (NSU) Earns Media Sentiment Score of 0.02 www.americanbankingnews.com - April 27 at 6:55 PM
	Forget the Dividend: Nevsun Resources is an Attractive Growth Play www.fool.ca - April 25 at 6:07 PM
	Resource Sector Digest: A Dog's Breakfast seekingalpha.com - April 25 at 10:23 AM
	Nevsun Resources (NSU) Earns Outperform Rating from Royal Bank of Canada www.americanbankingnews.com - April 24 at 7:16 PM
	Nevsun Resources (NSU) Earning Very Favorable Media Coverage, Study Shows www.americanbankingnews.com - April 24 at 9:34 AM
	Nevsun Completes Timok Upper Zone Infill Drilling and Provides Project Update finance.yahoo.com - April 20 at 9:24 AM
	Nevsun Resources (NSU) Getting Somewhat Positive Media Coverage, Analysis Finds www.americanbankingnews.com - April 17 at 4:20 PM
	Nevsun Resources (NSU) Scheduled to Post Quarterly Earnings on Wednesday www.americanbankingnews.com - April 17 at 8:58 AM
	Nevsun Resources (NSU) Receives Average Recommendation of "Buy" from Analysts www.americanbankingnews.com - April 10 at 8:52 AM
	Nevsun Adds $1.5 Billion To Its Ethiopian Resources, The Market Only Yawns seekingalpha.com - April 7 at 7:19 PM
	Nevsun Extends Harena 150 Metres Beyond Current Resource and Identifies New Regional Targets from VTEM Survey finance.yahoo.com - April 7 at 11:34 AM
	Nevsun Announces Q1 2017 Financial Results Release Date finance.yahoo.com - April 3 at 9:43 AM
	Research Reports Initiated on Basic Materials Yorbeau Resources, MAG Silver, Nevsun Resources, and GoGold Resources finance.yahoo.com - March 31 at 9:11 AM
	Nevsun Resources Ltd (NSU) Ex-Dividend Date Scheduled for March 29, 2017 - Nasdaq www.nasdaq.com - March 28 at 10:03 AM
	BMO Capital Upgrades Nevsun Resources (NSU) to Outperform - StreetInsider.com www.streetinsider.com - March 24 at 6:48 PM
	Nevsun Resources (NSU) Upgraded at BMO Capital Markets www.americanbankingnews.com - March 24 at 11:47 AM
	Nevsun Delivers Substantial Resource Growth at Bisha from 2016 Drilling finance.yahoo.com - March 23 at 7:26 PM
	Developments in the Base Metals Industry www.prnewswire.com - March 7 at 10:02 AM
	Nevsun Resources' (NSU) CEO Cliff Davis on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha seekingalpha.com - March 2 at 12:03 AM
	Nevsun Resources: Investors Overreacted, The Upside Is Huge seekingalpha.com - February 28 at 10:30 AM
	Nevsun: I'm Disappointed I Didn't Predict This seekingalpha.com - February 26 at 5:57 PM
	Nevsun Resources -8% on earnings disappointment, big dividend cut seekingalpha.com - February 24 at 7:57 PM