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: N/A
  • Sub-Industry: N/A
  • Symbol: TSE:NSU
  • CUSIP: N/A
  • Web: www.nevsun.com
Capitalization:
  • Market Cap: C$954.24 million
  • Outstanding Shares: 301,974,000
Average Prices:
  • 50 Day Moving Avg: C$3.15
  • 200 Day Moving Avg: C$3.49
  • 52 Week Range: C$2.83 - C$4.63
P/E:
  • Trailing P/E Ratio: 454.29
  • P/E Growth: -7.49
Sales & Book Value:
  • Annual Revenue: C$209.92 million
  • Price / Sales: 4.55
  • Book Value: C$3.08 per share
  • Price / Book: 1.03
Dividend:
  • Dividend Yield: 1.6%
Profitability:
  • EBIDTA: C$71.33 million
  • Net Margins: 4.02%
  • Return on Equity: -0.08%
  • Return on Assets: 0.89%
Misc:
  • 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?

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?

Nevsun Resources' stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can. View Insider Buying and Selling for Nevsun Resources.

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?

One share of Nevsun Resources stock can currently be purchased for approximately C$3.16.


MarketBeat Community Rating for Nevsun Resources (TSE NSU)
Community Ranking:  1.8 out of 5 ()
Outperform Votes:  153 (Vote Outperform)
Underperform Votes:  263 (Vote Underperform)
Total Votes:  416
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: 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)
Show:
DateFirmActionRatingPrice TargetDetails
7/17/2017ScotiabankReiterated RatingSector PerformC$4.00View Rating Details
4/28/2017TD SecuritiesLower Price TargetBuyC$5.50 -> C$5.00View Rating Details
4/24/2017Royal Bank Of CanadaReiterated RatingOutperformView Rating Details
3/24/2017BMO Capital MarketsUpgradeMarket Perform -> OutperformC$4.50 -> C$4.25View Rating Details
2/27/2017Paradigm CapitalLower Price TargetC$7.70 -> C$6.50View Rating Details
2/24/2017Canaccord GenuityUpgradeHold -> BuyView Rating Details
10/5/2016Raymond James Financial, Inc.Lower Price TargetMarket PerformC$5.00 -> C$4.50View 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 7/20/2015 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
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)

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
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
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
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
finance.yahoo.com logoNevsun Reports New Lower Zone Drill Results at Timok
finance.yahoo.com - June 30 at 2:33 AM
seekingalpha.com logoNevsun Offers A Margin Of Safety With Huge Potential - Video
seekingalpha.com - June 28 at 8:24 PM
nasdaq.com logoNevsun Resources Ltd (NSU) Ex-Dividend Date Scheduled for June 28, 2017 - Nasdaq
www.nasdaq.com - June 27 at 6:59 PM
finance.yahoo.com logoNevsun Resources Announces Q2 Results Date and Updates Bisha Reserve Release Date
finance.yahoo.com - June 27 at 6:59 PM
americanbankingnews.com logoNevsun Resources (NSU) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - June 26 at 2:30 PM
streetinsider.com logoNevsun Resources (NSU) Appoints Ian Pearce as Board Chair - StreetInsider.com
www.streetinsider.com - June 26 at 8:40 AM
finance.yahoo.com logoNevsun Resources Appoints New Board Chair
finance.yahoo.com - June 26 at 8:40 AM
finance.yahoo.com logoETFs with exposure to Nevsun Resources Ltd. : June 15, 2017
finance.yahoo.com - June 16 at 8:19 AM
finance.yahoo.com logoNevsun 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
americanbankingnews.com logoNevsun Resources (NSU) to Issue $0.01 Quarterly Dividend
www.americanbankingnews.com - June 5 at 9:14 AM
finance.yahoo.com logoNevsun Declares Second Quarterly Dividend of 2017
finance.yahoo.com - June 1 at 7:45 PM
americanbankingnews.com logoNevsun Resources (NSU) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 30 at 2:28 PM
finance.yahoo.com logoNevsun Resources Ltd. – Value Analysis (TORONTO:NSU) : May 23, 2017
finance.yahoo.com - May 23 at 6:26 PM
finance.yahoo.com logoNevsun 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
seekingalpha.com logoNevsun: Confusion Creates Value Opportunity - Seeking Alpha
seekingalpha.com - May 19 at 11:40 AM
seekingalpha.com logoNevsun Resources: Top Line Mining Play
seekingalpha.com - May 16 at 6:38 PM
americanbankingnews.com logoNevsun Resources (NSU) Director Buys 24,000 Shares
www.americanbankingnews.com - May 11 at 4:29 PM
americanbankingnews.com logoAnne Elizabeth Giardini Purchases 30,000 Shares of Nevsun Resources (NSU) Stock
www.americanbankingnews.com - May 11 at 12:04 AM
americanbankingnews.com logoAnne Elizabeth Giardini Purchases 46,000 Shares of Nevsun Resources (NSU) Stock
www.americanbankingnews.com - May 10 at 11:44 PM
streetinsider.com logoNevsun Resources (NSU) Appoints Peter Kukielski as CEO - StreetInsider.com
www.streetinsider.com - May 10 at 12:00 PM
seekingalpha.com logoNevsun Resources names Kukielski as new President/CEO
seekingalpha.com - May 8 at 12:17 PM
streetinsider.com logoNevsun Resources (NSU) Appoints Peter Kukielski as CEO
www.streetinsider.com - May 8 at 12:17 PM
americanbankingnews.com logoNevsun Resources (NSU) Director Stephen Victor Scott Purchases 5,000 Shares
www.americanbankingnews.com - May 5 at 9:41 AM
americanbankingnews.com logoInsider Buying: Nevsun Resources (NSU) Insider Purchases 10,000 Shares of Stock
www.americanbankingnews.com - May 5 at 9:40 AM
americanbankingnews.com logoNevsun Resources (NSU) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - May 5 at 8:18 AM
finance.yahoo.com logoNevsun Releases 2016 Corporate Social Responsibility Report
finance.yahoo.com - May 4 at 6:59 PM
americanbankingnews.com logoNevsun Resources (NSU) Director Stephen Victor Scott Purchases 7,500 Shares
www.americanbankingnews.com - May 4 at 12:30 AM
americanbankingnews.com logoNevsun Resources (NSU) Insider Thomas S. Whelan Acquires 50,000 Shares
www.americanbankingnews.com - May 3 at 11:12 PM
americanbankingnews.com logoNevsun Resources (NSU) Given Daily News Sentiment Rating of 0.16
www.americanbankingnews.com - May 3 at 6:48 PM
finance.yahoo.com logoNevsun Receives Strong Support from Shareholders at 2017 AGM
finance.yahoo.com - May 3 at 5:54 PM
americanbankingnews.com logoStephen Victor Scott Buys 7,500 Shares of Nevsun Resources (NSU) Stock
www.americanbankingnews.com - May 2 at 7:12 PM
americanbankingnews.com logoSomewhat Favorable Press Coverage Unlikely to Impact Nevsun Resources (NSU) Stock Price
www.americanbankingnews.com - April 30 at 3:27 PM
finance.yahoo.com logoEdited Transcript of NSU.TO earnings conference call or presentation 28-Apr-17 3:00pm GMT
finance.yahoo.com - April 29 at 7:22 PM
americanbankingnews.com logoNevsun Resources (NSU) Price Target Cut to C$5.00
www.americanbankingnews.com - April 29 at 10:06 AM
americanbankingnews.com logoNevsun Resources (NSU) Given "Sector Perform" Rating at Scotiabank
www.americanbankingnews.com - April 29 at 10:06 AM
seekingalpha.com logoNevsun Resources' (NSU) CEO Cliff Davis on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - April 29 at 12:56 AM
seekingalpha.com logoNevsun: More Downside Ahead Or Is A Bottom In?
seekingalpha.com - April 28 at 7:55 PM
marketbeat.com logoNevsun posts 1Q loss
marketbeat.com - April 27 at 7:45 PM
finance.yahoo.com logoNevsun Continues to Rapidly Advance Timok and Produces Copper at Bisha in Q1 2017
finance.yahoo.com - April 27 at 7:25 PM

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Chart

Nevsun Resources (NSU) Chart for Thursday, July, 20, 2017

This page was last updated on 7/20/2017 by MarketBeat.com Staff