News Oracle: Analysts showing optimistic trends for: Nevsun Resources Ltd. (NYSEMKT:NSU)

From: Semere Asmelash <semereasmelash_at_ymail.com_at_dehai.org>
Date: Wed, 25 Jan 2017 17:15:36 +0000 (UTC)

https://www.newsoracle.com/2017/01/25/analysts-showing-optimistic-trends-for-nevsun-resources-ltd-nysemktnsu/

Business

Analysts showing optimistic trends for: Nevsun Resources Ltd. (NYSEMKT:NSU)

By Shane Olsen - Jan 25, 2017

Many analysts are providing their Estimated Earnings analysis for Nevsun Resources Ltd. and for the current quarter 2 analysts have projected that the stock could give an Average Earnings estimate of $-0.01/share. These analysts have also projected a Low Estimate of $-0.04/share and a High Estimate of $0.02/share.

In case of Revenue Estimates, 1 analysts have provided their consensus Average Revenue Estimates for Nevsun Resources Ltd. as 41 Million. According to these analysts, the Low Revenue Estimate for Nevsun Resources Ltd. is 41 Million and the High Revenue Estimate is 41 Million. The company had Year Ago Sales of 65.44 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for NSU to be 0%. They are projecting Next Quarter growth of -25%. For the next 5 years, Nevsun Resources Ltd. is expecting Growth of -16.5% per annum, whereas in the past 5 years the growth was -36.82% per annum.

Some buy side analysts are also providing their Analysis on Nevsun Resources Ltd., where 0 analysts have rated the stock as Strong buy, 3 analysts have given a Buy signal, 1 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 4 Analysts reported that the Price Target for Nevsun Resources Ltd. might touch $4.9 high while the Average Price Target and Low price Target is $4.33 and $3.39 respectively.

Nevsun Resources Ltd. closed its last trading session at $3.16 with the gain of 3.48%. The Market Capitalization of the company stands at 986.33 Million. The Company has 52-week high of $3.8 and 52-week low of $2.53. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 1.22% where SMA50 and SMA200 are 3.22% and 5.69% respectively. The Company Touched its 52-Week High on Apr 22, 2016 and 52-Week Low on Feb 2, 2016.

The Relative Volume of the company is 3.2 and Average Volume (3 months) is 909.61 million. Nevsun Resources Ltd. P/E (price to earnings) ratio is 38.47 and Forward P/E ratio of 102.19.

The company shows its Return on Assets (ROA) value of 1.5%. The Return on Equity (ROE) value stands at 2.2%. While it’s Return on Investment (ROI) value is 6.6%.

While looking at the Stock’s Performance, Nevsun Resources Ltd. currently shows a Weekly Performance of 0%, where Monthly Performance is 1.58%, Quarterly performance is 13.41%, 6 Months performance is 14.89% and yearly performance percentage is 34.23%. Year to Date performance value (YTD perf) value is 5.83%. The Stock currently has a Weekly Volatility of 2.58% and Monthly Volatility of 3.16%.


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https://topchronicle.com/stock-in-the-news-nevsun-resources-ltd-nysemktnsu/ 
Business 
Stock in the News: Nevsun Resources Ltd. (NYSEMKT:NSU) 
By Morgan Ford Jr - January 25, 2017 
Nevsun Resources Ltd. (NYSEMKT:NSU) traded with the volume of 2.92 Million in the previous trading session. The Stock opened its session at $3.21 and closed at $3.27 by showing increase of 3.48 percent. Nevsun Resources Ltd. has 1 year price target of $4.33. The stock gained a consensus recommendation of 2.5 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell.  The company reported its last quarter on Sep 16. 
The 8 analysts offering 12-month price forecasts for Nevsun Resources Ltd have a median target of 4.11, with a high estimate of 5.35 and a low estimate of 3.36. The median estimate represents a +25.66% increase from the last price of 3.27. (CNN MONEY) 
Many Analysts provided their foresight on Revenue Estimates of Nevsun Resources Ltd. where they believe that the company has the potential to earn average revenue of $41 Million for the current quarter. According to their predictions High & Low revenue estimates are 41 Million and 41 Million respectively. 
Nevsun Resources Ltd. (NYSEMKT:NSU) topped its 52-week high price of $3.8 on Apr 22, 2016 and 52-Week Low Price of $2.53 on Feb 2, 2016. The Stock currently has the market capitalization of $986.33 Million, P/E (price to earnings ttm) of 38.47 and Weekly volatility of 2.58% and monthly volatility of 3.16% respectively. 
Nevsun Resources Ltd. is currently showing -36.4% EPS growth this year. The Next Year EPS growth is -57.1%, Long term annual growth estimate of -16.5%, Annual EPS growth past 5 years of -36.82 percent. The Company currently has Insider ownership of 0.7 Percent and Institutional Ownership of 73.8 Percent. The Return on Assets stands at 1.5%, Return on Equity shows 2.2% and Return on Investment value is 6.6%. 
Nevsun Resources Ltd. Gross Margin percentage stands at 40.4% while its Operating Margin for trailing twelve month is 28.6 percent and Profit margin (ttm) is 7 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 3.22% with the 50-Day Simple Moving Average of 3.22 percent. Currently, the company has SMA200 (200-day simple moving average) of 5.69 Percent. The Stock has YTD (year to date) performance of 5.83 percent. 
Company Profile: 
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. 
Received on Wed Jan 25 2017 - 12:15:49 EST

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