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http://www.fnno.com/story/fast-lane/331-nevsun-resources-ranks-highest-terms-dividend-yield-gold-industry-nsu-gg-auy
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Nevsun Resources Ranks the Highest in Terms of Dividend Yield in the Gold
Industry (NSU, GG, AUY)
Published on Thu, 10/23/2014 - 10:47
By Peter Chu
Below are the three companies in the Gold industry with the highest
dividend yields. Dividends can enhance returns for investors seeking income
in addition to capital gains.
Nevsun Resources (AMEX:NSU) is highest with a dividend yield of 4.0%.
Nevsun Resources Ltd. is a gold producer and base metal developer. The
Company has a gold-copper-zinc mine in Eritrea.
Nevsun Resources (AMEX:NSU) has potential upside of 46.5% based on a
current price of $3.42 and analysts' consensus price target of $5.01.
Nevsun Resources shares should first meet resistance at the 200-day moving
average (MA) of $3.69 and find additional resistance at the 50-day MA of
$3.79.
Goldcorp (NYSE:GG) is next with a dividend yield of 2.6%.
Finishing up the top three is Yamana Gold (NYSE:AUY), with a dividend yield
of 2.6%.
Received on Thu Oct 23 2014 - 13:09:07 EDT