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: www.nevsun.com
- Market Cap: C$954.24 million
- Outstanding Shares: 301,974,000
- 50 Day Moving Avg: C$3.15
- 200 Day Moving Avg: C$3.49
- 52 Week Range: C$2.83 - C$4.63
Sales & Book Value:
- Trailing P/E Ratio: 454.29
- P/E Growth: -7.49
- Annual Revenue: C$209.92 million
- Price / Sales: 4.55
- Book Value: C$3.08 per share
- Price / Book: 1.03
- EBIDTA: C$71.33 million
- Net Margins: 4.02%
- Return on Equity: -0.08%
- Return on Assets: 0.89%
- Average Volume: 738,187 shs.
- Short Ratio: 6.1
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. Investors of record on Friday, June 30th will be given 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 1.27%. The ex-dividend date of this dividend is Wednesday, June 28th. View Nevsun Resources' Dividend History.
How were Nevsun Resources' earnings last quarter?
Nevsun Resources (TSE:NSU) released its quarterly earnings data 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 earned $36.19 million during the quarter. Nevsun Resources had a negative return on equity of 0.08% and a net margin of 4.02%. View Nevsun Resources' Earnings History.
Where is Nevsun Resources' stock going? Where will Nevsun Resources' stock price be in 2017?
6 brokers have issued 12 month price objectives for Nevsun Resources' shares. Their forecasts range from C$4.00 to C$6.50. On average, they expect Nevsun Resources' share price to reach C$4.93 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 Cosan Limited (CZZ), Centamin PLC (CEY), Eldorado Gold Corporation (EGO), Grupo Simec SAB de CV (SIM), Carpenter Technology Corporation (CRS), Pretium Resources (PVG), Tahoe Resources (TAHO), Cal-Maine Foods (CALM), New Gold (NGD), New Gold (NGD), RPC Group PLC (RPC), Synthomer PLC (SYNT), Victrex plc (VCT), Bodycote PLC (BOY), Coeur Mining (CDE), Ferro Corporation (FOE), Innospec (IOSP) and African Barrick Gold Ltd (ABGLF).
Who are Nevsun Resources' key executives?
Nevsun Resources' management team includes the folowing people:
- R. Stuart Angus, Director
- Thomas S. Whelan, Chief Financial Officer
- Frazer W. Bourchier, Chief Operating Officer
- Peter Tam, Vice President - Finance
- 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
- Peter Gerald Jan Kukielski, Director
- Ian R. Ashby, Independent Director
Who owns Nevsun Resources stock?
Nevsun Resources' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Sprott Inc. (1.14%), Hexavest Inc. (0.59%), Bank of Montreal Can (0.40%), Aperio Group LLC (0.05%) and DORCHESTER WEALTH MANAGEMENT Co (0.02%). 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?
Who bought Nevsun Resources stock? Who is buying Nevsun Resources stock?
Nevsun Resources' stock was bought by a variety of institutional investors in the last quarter, including Sprott Inc. and Aperio Group LLC. 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?
MarketBeat Community Rating for Nevsun Resources (TSE 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.
One share of Nevsun Resources stock can currently be purchased for approximately C$3.16.
Consensus Ratings for Nevsun Resources (TSE:NSU) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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: ||2 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||C$4.93|
Analysts' Ratings History for Nevsun Resources (TSE:NSU)
(Data available from 7/20/2015 forward)
|7/17/2017||Scotiabank||Reiterated Rating||Sector Perform||C$4.00|
|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|
Earnings History 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|
|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|
|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|
|7/31/2014||Q2 2014||$0.14||$0.15||$149.70 million||$169.20 million||View||N/A|
|5/6/2014||Q1 2014||$0.11||$0.08||$139.60 million||$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|
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|
|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|
Headline Trends for Nevsun Resources (TSE:NSU)
Latest Headlines for Nevsun Resources (TSE:NSU)
|Nevsun Resources: Significantly Undervalued Mining Corporation - Seeking Alpha|
seekingalpha.com - July 20 at 2:36 AM
|Nevsun Reports Final High Grade Infill Drill Results at Timok Upper Zone|
finance.yahoo.com - July 20 at 2:36 AM
|Nevsun Resources (NSU) Given a C$4.00 Price Target at Scotiabank|
www.americanbankingnews.com - July 17 at 4:44 PM
|Nevsun's Bisha Mine Back On Track? - Seeking Alpha|
seekingalpha.com - July 17 at 9:29 AM
|Nevsun Announces the Expiration of Cliff Davis's Transition Period|
finance.yahoo.com - July 15 at 7:00 AM
|ETFs with exposure to Nevsun Resources Ltd. : July 14, 2017|
finance.yahoo.com - July 15 at 7:00 AM
|Nevsun Resources (NSU) Reports Bisha Q2 Operating Results - StreetInsider.com|
www.streetinsider.com - July 14 at 7:00 AM
|Nevsun Reports Increased Copper Production in Bisha Q2 Operating Results|
finance.yahoo.com - July 14 at 7:00 AM
|Nevsun 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
|Top 5 Mining Stocks To Watch In 2017: H1 Review - Seeking Alpha|
seekingalpha.com - July 7 at 7:43 AM
|Today'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
|Nevsun Reports New Lower Zone Drill Results at Timok|
finance.yahoo.com - June 30 at 2:33 AM
|Nevsun Offers A Margin Of Safety With Huge Potential - Video|
seekingalpha.com - June 28 at 8:24 PM
|Nevsun Resources Ltd (NSU) Ex-Dividend Date Scheduled for June 28, 2017 - Nasdaq|
www.nasdaq.com - June 27 at 6:59 PM
|Nevsun Resources Announces Q2 Results Date and Updates Bisha Reserve Release Date|
finance.yahoo.com - June 27 at 6:59 PM
|Nevsun Resources (NSU) Receives Consensus Rating of "Buy" from Analysts|
www.americanbankingnews.com - June 26 at 2:30 PM
|Nevsun Resources (NSU) Appoints Ian Pearce as Board Chair - StreetInsider.com|
www.streetinsider.com - June 26 at 8:40 AM
|Nevsun Resources Appoints New Board Chair|
finance.yahoo.com - June 26 at 8:40 AM
|ETFs with exposure to Nevsun Resources Ltd. : June 15, 2017|
finance.yahoo.com - June 16 at 8:19 AM
|Nevsun Resources Ltd. breached its 50 day moving average in a Bearish Manner : NSU-CA : June 13, 2017|
finance.yahoo.com - June 13 at 9:25 AM
|Nevsun Resources (NSU) to Issue $0.01 Quarterly Dividend|
www.americanbankingnews.com - June 5 at 9:14 AM
|Nevsun Declares Second Quarterly Dividend of 2017|
finance.yahoo.com - June 1 at 7:45 PM
|Nevsun Resources (NSU) Given Consensus Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - May 30 at 2:28 PM
|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 (NSU) Chart for Thursday, July, 20, 2017