http://www.streetedition.net/nevsun-resources-usanysemktnsu-declares-dividend-of-0-0400/6339866/
Nevsun Resources (USA)(NYSEMKT:NSU) Declares Dividend of $0.0400.
By Andy Hardneett - March 19, 2016
Nevsun Resources (USA) (NYSEMKT:NSU) had declared a cash dividend of $0.0400 on Mar 10, 2016. The shares will quote ex-dividend on Mar 29, 2016 and the record date has been fixed on Mar 31, 2016. At Mar 10, 2016 share price, the yield comes out to be 4.7478%. The dividend payable date has been fixed on Apr 15, 2016.
Nevsun Resources (USA)(NSU) last announced its earnings results on Feb 25, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $65.44M. Analysts had an estimated revenue of $86.00M. Earnings per share were $-0.01. Analysts had estimated an EPS of $0.02.
Nevsun Resources (USA) (NSU) made into the market gainers list on Wednesdays trading session with the shares advancing 3.98% or 0.13 points. Due to strong positive momentum, the stock ended at $3.4, which is also near the day’s high of $3.43. The stock began the session at $3.23 and the volume stood at 1,66,346 shares. The 52-week high of the shares is $4.36 and the 52 week low is $2.27. The company has a current market capitalization of $679 M and it has 19,97,81,470 shares in outstanding.
The company shares have rallied 2.65% in the past 52 weeks.On Jun 10, 2015, the shares registered one year high of $4.36 and one year low was seen on Jan 20, 2016 at $2.27. The 50-day moving average is $3.05 and the 200 day moving averge is recorded at $2.87. S&P 500 has seen a change of -2.83% during the last 52-weeks.
Nevsun Resources Ltd. (Nevsun) 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 Sat Mar 19 2016 - 11:07:52 EDT