Nevsun Resources Company Profile (TSE:NSU)

About Nevsun Resources (TSE:NSU)

Nevsun Resources logoNevsun Resources Ltd. engages in the acquisition, exploration, development, and operation of mineral properties in Africa. It explores for gold, copper, zinc, and silver deposits. The company’s principal assets include its 100% interest in the upper zone and 60.4% interest in the lower zone of the Timok project, a copper-gold development project in Serbia; and its 60% owned Bisha mine in Eritrea. It also has two mineral exploration concessions and two prospecting concessions in Macedonia. The company was incorporated in 1965 and is headquartered in Vancouver, Canada.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Copper
  • Sub-Industry: N/A
  • Symbol: TSE:NSU
  • CUSIP: N/A
  • Web:
  • Market Cap: C$631.36 million
  • Outstanding Shares: 302,087,000
Average Prices:
  • 50 Day Moving Avg: C$3.10
  • 200 Day Moving Avg: C$3.31
  • 52 Week Range: C$1.96 - C$3.52
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 26.13
  • P/E Growth: 12.58
Sales & Book Value:
  • Annual Revenue: C$196.85 million
  • Price / Sales: 3.21
  • Book Value: C$2.92 per share
  • Price / Book: 0.72
  • Dividend Yield: 5.1%
  • EBIDTA: C$42.85 million
  • Net Margins: -106.23%
  • Return on Equity: -19.71%
  • Return on Assets: -22.57%
  • Average Volume: 739,136 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 announced a quarterly dividend on Friday, June 2nd. Shareholders of record on Friday, June 30th will be paid a dividend of 0.01 per share on Monday, July 10th. This represents a $0.04 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date is Wednesday, June 28th. View Nevsun Resources' Dividend History.

How were Nevsun Resources' earnings last quarter?

Nevsun Resources (TSE:NSU) announced its quarterly earnings data on Thursday, February, 23rd. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.01) by $0.04. The company had revenue of $36.19 million for 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 brokerages have issued twelve-month price targets for Nevsun Resources' shares. Their forecasts range from C$3.25 to C$6.50. On average, they anticipate Nevsun Resources' share 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. 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?

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 many different of retail and institutional investors. Top institutional shareholders 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 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 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 purchased 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 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.

What is Nevsun Resources' stock price today?

One share of Nevsun Resources stock can currently be purchased for approximately C$2.09.

MarketBeat Community Rating for Nevsun Resources (TSE NSU)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  166 (Vote Outperform)
Underperform Votes:  284 (Vote Underperform)
Total Votes:  450
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: 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: C$4.36

Analysts' Ratings History for Nevsun Resources (TSE:NSU)
DateFirmActionRatingPrice TargetDetails
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
8/10/2017ScotiabankLower Price TargetSector PerformC$4.00 -> C$3.50View 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
9/8/2015CIBCReiterated RatingSector Perform$5.50 -> $5.00View Rating Details
(Data available from 8/21/2015 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
2/23/201712/31/2016($0.01)($0.05)$36.19 millionViewN/AView Earnings Details
10/27/2016Q316$0.01$0.01$22.50 million$22.90 millionViewN/AView Earnings Details
4/21/2016Q116$0.02$0.04$72.00 million$92.40 millionViewN/AView Earnings Details
10/29/2015$0.02$0.01ViewN/AView Earnings Details
7/30/2015Q2$0.08$0.05ViewN/AView Earnings Details
7/30/2015Q215$0.08$0.05$113.11 million$104.20 millionViewN/AView Earnings Details
4/30/2015Q115$0.06$0.06$108.12 million$117.20 millionViewN/AView Earnings Details
2/26/2015Q414$0.14$0.11$189.80 million$138.70 millionViewN/AView Earnings Details
10/30/2014Q3 2014$0.13$0.13$164.90 million$147.90 millionViewN/AView Earnings Details
8/4/2014$0.15$0.16ViewN/AView Earnings Details
7/31/2014Q2 2014$0.14$0.15$149.70 million$169.20 millionViewN/AView Earnings Details
5/8/2014$0.14$0.09ViewN/AView Earnings Details
5/6/2014Q1 2014$0.11$0.08$139.60 million$99.15 millionViewN/AView Earnings Details
3/12/2014$0.03($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
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 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 logoNevsun Reports New Lower Zone Drill Results at Timok - June 30 at 2:33 AM logoNevsun Offers A Margin Of Safety With Huge Potential - Video - June 28 at 8:24 PM logoNevsun Resources Ltd (NSU) Ex-Dividend Date Scheduled for June 28, 2017 - Nasdaq - June 27 at 6:59 PM logoNevsun Resources Announces Q2 Results Date and Updates Bisha Reserve Release Date - June 27 at 6:59 PM logoNevsun Resources (NSU) Receives Consensus Rating of "Buy" from Analysts - June 26 at 2:30 PM logoNevsun Resources (NSU) Appoints Ian Pearce as Board Chair - - June 26 at 8:40 AM logoNevsun Resources Appoints New Board Chair - June 26 at 8:40 AM logoETFs with exposure to Nevsun Resources Ltd. : June 15, 2017 - June 16 at 8:19 AM logoNevsun Resources Ltd. breached its 50 day moving average in a Bearish Manner : NSU-CA : June 13, 2017 - June 13 at 9:25 AM logoNevsun Resources (NSU) to Issue $0.01 Quarterly Dividend - June 5 at 9:14 AM logoNevsun Declares Second Quarterly Dividend of 2017 - June 1 at 7:45 PM logoNevsun Resources (NSU) Given Consensus Recommendation of "Buy" by Analysts - May 30 at 2:28 PM logoNevsun Resources Ltd. – Value Analysis (TORONTO:NSU) : May 23, 2017 - May 23 at 6:26 PM logoNevsun Resources Ltd. breached its 50 day moving average in a Bullish Manner : NSU-CA : May 22, 2017 - May 22 at 9:52 AM logoNevsun: Confusion Creates Value Opportunity - Seeking Alpha - May 19 at 11:40 AM logoNevsun Resources: Top Line Mining Play - May 16 at 6:38 PM logoNevsun Resources (NSU) Director Buys 24,000 Shares - May 11 at 4:29 PM



Nevsun Resources (NSU) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by Staff