Analyst Ratings For Nevsun Resources (TSE:NSU)
Today, Royal Bank of Canada reiterated its Outperform rating on Nevsun Resources (TSE:NSU).
There are 2 hold ratings, 5 buy ratings on the stock.
The current consensus rating on Nevsun Resources (TSE:NSU) is Buy (Score: 2.71) with a consensus target price of C$5.28 per share, a potential .
Some recent analyst ratings include
- 4/24/2017-Royal Bank of Canada Reiterated Rating of Outperform.
- 3/24/2017-BMO Capital Markets Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
- 2/24/2017-Canaccord Genuity Upgrade from a “Hold ” rating to a ” Buy” rating.
About Nevsun Resources (TSE:NSU)
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.
Recent Trading Activity for Nevsun Resources (TSE:NSU)
Shares of Nevsun Resources closed the previous trading session at 3.34 up +0.09 2.77% with 381,216 shares trading hands.
