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
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on Equity-0.24%
Return on Assets1.02%
Frequently Asked Questions for Nevsun Resources (TSE:NSU)
What is Nevsun Resources' stock symbol?
Nevsun Resources trades on the Toronto 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 Wednesday, September 13th. Stockholders of record on Friday, September 29th will be given a dividend of 0.01 per share on Tuesday, October 17th. This represents a $0.04 annualized dividend and a dividend yield of 1.30%. 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) posted its quarterly earnings data on Thursday, February, 23rd. The basic materials company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by $0.04. The basic materials company earned $36.19 million during the quarter. Nevsun Resources had a net margin of 4.36% and a negative return on equity of 0.24%. View Nevsun Resources' Earnings History.
When will Nevsun Resources make its next earnings announcement?
Where is Nevsun Resources' stock going? Where will Nevsun Resources' stock price be in 2017?
7 Wall Street analysts have issued 12-month target prices for Nevsun Resources' stock. Their predictions range from C$3.25 to C$6.50. On average, they anticipate Nevsun Resources' share price to reach C$4.57 in the next twelve months. View Analyst Ratings for Nevsun Resources.
What are Wall Street 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?
Some companies that are related to Nevsun Resources include Boralex (BLX), Westshore Terminals Investment Corp (WTE), Arch Coal (ARCH), Freehold Royalties (FRU), Russel Metals (RUS), Superior Plus Corp. (SPB), Taminco Corp (TAM), Raging River Exploration (RRX), Innospec (IOSP), Bodycote plc (BOY), MEG Energy Corp. (MEG), Warrior Met Coal (HCC), Centamin Plc (CEY), Mullen Group (MTL), Hochschild Mining PLC (HCHDF), Trican Well Service Ltd (TCW), CES Energy Solutions Corp. (CEU) and NovaGold Resources (NG).
Who are Nevsun Resources' key executives?
Nevsun Resources' management team includes the folowing people:
- Ian Wilton Pearce, Chairman of the Board (Age 60)
- Peter Gerald Jan Kukielski, President, Chief Executive Officer, Director (Age 59)
- 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 variety of of institutional and retail investors. Top institutional shareholders include Jennison Associates LLC (0.00%), Intact Investment Management Inc. (1.21%), Schroder Investment Management Group (0.76%), Wells Fargo & Company MN (0.75%), TD Asset Management Inc. (0.53%) and Global X MANAGEMENT CO LLC (0.00%). 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 Intact Investment Management Inc., Jennison Associates LLC, Wells Fargo & Company MN, TD Asset Management Inc. and Aperio Group LLC. 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 Zurcher Kantonalbank Zurich Cantonalbank, Global X MANAGEMENT CO LLC, Schroder Investment Management Group and Shell Asset Management Co.. 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$3.08.
How big of a company is Nevsun Resources?
Nevsun Resources has a market capitalization of C$921.37 million.
How can I contact Nevsun Resources?
Nevsun Resources' mailing address is 1750-1066 Hastings St W, VANCOUVER, BC V6E 3X2, Canada. The basic materials company can be reached via phone at +1-604-6234700.
MarketBeat Community Rating for Nevsun Resources (NSU)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.
Analysts' Consensus Rating for Nevsun Resources (TSE:NSU) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 2 Hold Ratings, 5 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.71)|
|Consensus Price Target: ||C$4.57|
Consensus Price Target History for Nevsun Resources (TSE:NSU)
Analysts' Ratings History for Nevsun Resources (TSE:NSU)
(Data available from 11/23/2015 forward)
|11/13/2017||Macquarie||Upgrade||Neutral -> Outperform|
|10/30/2017||Canaccord Genuity||Boost Price Target||C$3.25 -> C$4.50|
|10/30/2017||Eight Capital||Upgrade||Neutral -> Buy||C$2.25 -> C$4.25|
|10/30/2017||Royal Bank Of Canada||Boost Price Target||C$4.00 -> C$5.00|
|10/27/2017||TD Securities||Upgrade||Hold -> Buy||C$3.75|
|8/16/2017||BMO Capital Markets||Downgrade||Outperform -> Market Perform||C$4.00 -> C$3.25|
|8/15/2017||Raymond James Financial, Inc.||Reiterated Rating||Mkt Perform -> Mkt Perform|
|2/27/2017||Paradigm Capital||Lower Price Target||C$7.70 -> C$6.50|
|6/20/2016||Dundee Securities||Boost Price Target||C$6.25 -> C$7.00|
Earnings History and Estimates Chart for Nevsun Resources (TSE:NSU)
Earnings History by Quarter for Nevsun Resources (TSE NSU)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/22/2018|| || || || || || || || |
|10/27/2016||Q316||C$0.01||C$0.01||C$22.50 million||C$22.90 million||View||N/A|
|4/21/2016||Q116||C$0.02||C$0.04||C$72.00 million||C$92.40 million||View||N/A|
|7/30/2015||Q215||C$0.08||C$0.05||C$113.11 million||C$104.20 million||View||N/A|
|4/30/2015||Q115||C$0.06||C$0.06||C$108.12 million||C$117.20 million||View||N/A|
|2/26/2015||Q414||C$0.14||C$0.11||C$189.80 million||C$138.70 million||View||N/A|
|10/30/2014||Q3 2014||C$0.13||C$0.13||C$164.90 million||C$147.90 million||View||N/A|
|7/31/2014||Q2 2014||C$0.14||C$0.15||C$149.70 million||C$169.20 million||View||N/A|
|5/6/2014||Q1 2014||C$0.11||C$0.08||C$139.60 million||C$99.15 million||View||N/A|
Earnings Estimates for Nevsun Resources (TSE:NSU)
2017 EPS Consensus Estimate: $0.09
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Nevsun Resources (TSE:NSU)
|Most Recent Dividend:||10/17/2017|
|Payout Ratio:||-31.82% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for Nevsun Resources (TSE NSU)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Nevsun Resources (TSE NSU)
Insider Trades by Quarter for Nevsun Resources (TSE NSU)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/22/2017||Peter Gerald Jan Kukielski||Insider||Buy||105,000||C$2.62||C$275,100.00|
|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|
|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|
Latest Headlines for Nevsun Resources (TSE NSU)
Financials are not available for this stock.
Nevsun Resources (TSE NSU) Chart for Thursday, November, 23, 2017