http://www.bibeypost.com/whats-next-for-nevsun-resources-usa-after-todays-huge-increase/
WHAT’S NEXT FOR NEVSUN RESOURCES (USA) AFTER TODAY’S HUGE INCREASE?
Todd MillerMay 11, 2016
LIKE
The stock of Nevsun Resources (USA) (NYSEMKT:NSU) is a huge mover
today! The stock is up 4.52% or $0.15 after the news, hitting $3.47
per share. About 773,007 shares traded hands or 77.28% up from the
average. Nevsun Resources (USA) (NYSEMKT:NSU) has risen 8.50% since
October 5, 2015 and is uptrending. It has outperformed by 3.60% the
S&P500. The move comes after 5 months positive chart setup for the
$704.59 million company. It was reported on May, 11 by Barchart.com.
We have $5.83 PT which if reached, will make NYSEMKT:NSU worth
$479.12M more.
Out of 5 analysts covering Nevsun Resources (NYSEMKT:NSU), 3 rate it a
“Buy”, 0 “Sell”, while 3 “Hold”. This means 50% are positive. Nevsun
Resources has been the topic of 7 analyst reports since August 4, 2015
according to StockzIntelligence Inc. Raymond James downgraded the
stock on December 4 to “Mkt Perform” rating.
According to Zacks Investment Research, “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 Thu May 12 2016 - 13:32:28 EDT