http://www.wkrb13.com/markets/974989/nevsun-resources-nsu-to-go-ex-dividend-on-december-29th/
Nevsun Resources (NSU) To Go Ex-Dividend on December 29th
Posted by Nolan Pearson on Dec 24th, 2015
Nevsun Resources (NYSE:NSU) declared a quarterly dividend on Monday, December 14th, AnalystRatings.NET reports. Stockholders of record on Thursday, December 31st will be given a dividend of 0.04 per share on Friday, January 15th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date of this dividend is Tuesday, December 29th. This is an increase from Nevsun Resources’s previous quarterly dividend of $0.04.
Shares of Nevsun Resources (NYSE:NSU) opened at 2.64 on Thursday. Nevsun Resources has a 52 week low of $2.41 and a 52 week high of $4.36. The company’s 50 day moving average is $2.67 and its 200-day moving average is $3.11. The stock has a market capitalization of $527.42 million and a PE ratio of 11.63.
Nevsun Resources (NYSE:NSU) last issued its earnings results on Thursday, October 29th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.01. On average, equities analysts predict that Nevsun Resources will post $0.16 earnings per share for the current year.
A number of research analysts have recently weighed in on the stock. RBC Capital reissued a “sector perform” rating and set a $5.50 target price on shares of Nevsun Resources in a research report on Wednesday, October 21st. Zacks Investment Research raised shares of Nevsun Resources from a “hold” rating to a “buy” rating and set a $2.75 target price for the company in a research report on Monday, December 7th. Raymond James downgraded shares of Nevsun Resources from an “outperform” rating to a “market perform” rating in a research report on Friday, December 4th. Canaccord Genuity reissued a “hold” rating and set a $4.00 target price (down from $4.50) on shares of Nevsun Resources in a research report on Tuesday, September 8th. Finally, Paradigm Capital reissued a “buy” rating and set a $5.50 target price (down from $7.50) on shares of Nevsun Resources in a research report on Monday, November 2nd. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Nevsun Resources has a consensus rating of “Hold” and a consensus price target of $4.75.
http://chart.finance.yahoo.com/z?s=NSU&t=6m&q=l&l=on&z=l&p=m200,v&a=p12
Nevsun Resources Ltd. (NYSE:NSU) is engaged in the acquisition, exploration, development and operation of mineral property interests. The Company’s principal mining operation is the Bisha Mine and the Company’s principal mineral property is the Bisha property, which is owned by Bisha Mining Share Company (BMSC). The Company’s wholly owned subsidiaries include Nevsun (Barbados) Holdings Ltd., Nevsun Africa (Barbados) Ltd. and Nevsun Resources (Eritrea) Ltd. The Company has 60% interest in BMSC. Bisha is a volcanogenic massive sulphide (VMS) deposit located 150 kilometers west of Asmara, Eritrea, East Africa. The Bisha mine hosts a gold, copper and zinc deposit and the overall Bisha district includes satellite VMS deposits known as Harena, Northwest and Hambok. The Bisha Main deposit is located within the Bisha Mining License and the Harena satellite deposit lies in a separate mining license 6 kilometers south. Bisha Main and Harena form 100% of the mineral reserves for Bisha.
Received on Thu Dec 24 2015 - 07:36:23 EST