NSU : Summary for Nevsun Resources Ltd Ordinary S - Yahoo Finance

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Nevsun Resources Ltd. (NSU)


NYSE MKT - NYSE MKT Delayed Price. Currency in USD
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2.94-0.06 (-2.00%)
At close: 4:00PM EST
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1d
Previous Close3.00
Open3.00
Bid0.00 x
Ask0.00 x
Day's Range2.92 - 3.05
52 Week Range2.68 - 3.80
Volume1,315,390
Avg. Volume932,114
Market Cap885.12M
BetaN/A
PE Ratio (TTM)39.73
EPS (TTM)N/A
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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  • CNW Group9 hours ago

    Nevsun Announces 2016 Results; Provides 2017 Outlook and Redeploys $120 Million to Fund Timok

    Nevsun Announces 2016 Results; Provides 2017 Outlook and Redeploys $120 Million to Fund Timok

  • PR Newswire9 hours ago

    Nevsun Announces 2016 Results; Provides 2017 Outlook and Redeploys $120 Million to Fund Timok

    VANCOUVER, Feb. 23, 2017 /PRNewswire/ - Nevsun Resources Ltd. (NSU) (NYSE MKT:NSU) (Nevsun or the Company) today reported its financial and operating results for the year ended December 31, 2016 and its outlook for 2017.  Nevsun also announced that its Board of Directors is redeploying approximately $120 million over a four-year period from its corporate dividend toward development of the Timok high-grade copper-gold project in Serbia. Effective with the first quarter of 2017, the quarterly dividend rate will be $0.01 per share.  On an annualized basis, the cash cost of the dividend at the new rate will be approximately $10 million (based on the number of outstanding common shares and recent dividend re-investment participation rate) compared with $40 million previously. Cliff Davis, Nevsun CEO commented, "The transformation of Nevsun to a geographically diversified base metals producer is well underway.

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