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: www.nevsun.com
Capitalization:
  • Market Cap: C$649.49 million
  • Outstanding Shares: 302,087,000
Average Prices:
  • 50 Day Moving Avg: C$2.80
  • 200 Day Moving Avg: C$3.12
  • 52 Week Range: C$1.96 - C$3.52
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 23.89
  • P/E Growth: -6.50
Sales & Book Value:
  • Annual Revenue: C$196.85 million
  • Price / Sales: 3.30
  • Book Value: C$2.92 per share
  • Price / Book: 0.74
Dividend:
  • Dividend Yield: 1.9%
Profitability:
  • EBIDTA: C$42.85 million
  • Net Margins: -106.23%
  • Return on Equity: -19.71%
  • Return on Assets: -22.57%
Misc:
  • Average Volume: 820,114 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. Investors 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 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date of this dividend is Thursday, September 28th. 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) 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 net margin of 106.23% and a negative return on equity of 19.71%. 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 equities research analysts have issued 12 month price objectives for Nevsun Resources' stock. Their predictions range from C$3.25 to C$6.50. On average, they expect Nevsun Resources' stock price to reach C$4.36 in the next twelve months. 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. " (9/14/2017)
  • 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

Who owns Nevsun Resources stock?

Nevsun Resources' stock is owned by a number of of institutional and retail investors. Top institutional investors include Prudential PLC (12.12%), Franklin Resources Inc. (3.55%), FIL Ltd (3.47%), Vanguard Group Inc. (1.94%), Jennison Associates LLC (1.66%) and Intact Investment Management Inc. (1.43%). Company insiders that own Nevsun Resources stock include Anne Elizabeth Giardini, Gary Edward German, Ian Pearce, Joseph Paul Giuffre, Peter Gerald Jan Kukielski, Peter Tam, Scott Trebilcock, 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 Bank of Montreal Can, The Manufacturers Life Insurance Company , TD Asset Management Inc., Jennison Associates LLC, Schroder Investment Management Group, Wells Fargo & Company MN, Intact Investment Management Inc. and Public Sector Pension investment Board. View Insider Buying and Selling for Nevsun Resources.

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

Nevsun Resources' stock was acquired by a variety of institutional investors in the last quarter, including Franklin Resources Inc., FIL Ltd, Royal Bank of Canada, Tocqueville Asset Management L.P., Vanguard Group Inc., K2 Principal Fund L.P., Virtu KCG Holdings LLC and CIBC World Markets Inc.. Company insiders that have bought Nevsun Resources stock in the last two years include Anne Elizabeth Giardini, Ian Pearce, Joseph Paul Giuffre, Peter Gerald Jan Kukielski, Peter Tam, Scott Trebilcock, 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.

What is Nevsun Resources' stock price today?

One share of Nevsun Resources stock can currently be purchased for approximately C$2.15.


MarketBeat Community Rating for Nevsun Resources (TSE NSU)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  184 (Vote Outperform)
Underperform Votes:  298 (Vote Underperform)
Total Votes:  482
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$4.36

Analysts' Ratings History for Nevsun Resources (TSE:NSU)
Show:
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 9/20/2015 forward)

Earnings

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
10/26/2017        
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)

Estimates

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)

Dividends

Dividend History by Quarter for Nevsun Resources (TSE NSU)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/13/2017quarterly$0.011.86%9/28/20179/29/201710/17/2017
6/2/2017quarterly$0.011.65%6/28/20176/30/20177/10/2017
2/27/2017quarterly$0.011.51%3/29/20173/31/20174/13/2017
12/12/2016quarterly$0.044.85%12/28/201612/30/20161/13/2017
9/19/2016quarterly$0.045.08%9/28/20169/30/201610/14/2016
6/6/2016quarterly$0.044.6%6/16/20166/20/20167/8/2016
3/10/2016quarterly$0.044.66%3/29/20163/31/20164/15/2016
12/14/2015quarterly$0.046.45%12/29/201512/31/20151/15/2016
9/9/2015quarterly$0.045.3%9/28/20159/30/201510/15/2015
6/8/2015$0.046/26/20156/30/20157/15/2015
6/8/2015quarterly$0.043.8%6/26/20156/30/20157/15/2015
3/9/2015$0.043/27/20153/31/20154/15/2015
3/10/2015quarterly$0.044.72%3/27/20153/31/20154/15/2015
12/15/2014$0.0412/29/201412/31/20141/15/2015
12/16/2014quarterly$0.044.26%12/29/201412/31/20141/15/2015
9/11/2014quarterly$0.043.46%9/26/20149/30/201410/15/2014
9/9/2014quarterly$0.049/26/20149/30/201410/15/2014
5/27/2014quarterly$0.044.11%6/26/20146/30/20147/15/2014
5/23/2014quarterly$0.046/26/20146/30/20147/15/2014
2/24/2014quarterly$0.043.54%3/27/20143/31/20144/15/2014
2/24/2014quarterly$0.043/27/20143/31/20144/15/2014
11/14/2013$0.0712/27/201312/31/20131/15/2014
11/14/2013semiannual$0.073.97%12/27/201312/31/20131/15/2014
5/16/2013semiannual$0.074.01%6/26/20136/28/20137/15/2013
(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)

Headlines

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

Social

Chart

Nevsun Resources (NSU) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff