$0.02 EPS Expected for Nevsun Resources Ltd. (NSU)
March 26, 2018 – By Peter Erickson
Analysts expect Nevsun Resources Ltd. (NYSEAMERICAN:NSU) to report $0.02 EPS on April, 26.NSU’s profit would be $6.01 million giving it 28.13 P/E if the $0.02 EPS is correct. After having $-0.01 EPS previously, Nevsun Resources Ltd.’s analysts see -300.00 % EPS growth. The stock decreased 1.32% or $0.03 during the last trading session, reaching $2.25. About 700,477 shares traded. Nevsun Resources Ltd. (NYSEAMERICAN:NSU) has declined 26.11% since March 26, 2017 and is downtrending. It has underperformed by 42.81% the S&P500.
Nevsun Resources Ltd. engages in the acquisition, exploration, development, and operation of mineral properties in Africa. The company has market cap of $676.01 million. It explores for gold, copper, zinc, and silver deposits. It currently has negative earnings. The company's principal assets include its 100% interest in the upper zone and 60.4% interest in the lower zone of the Timok project, a copper-gold development project in Serbia; and its 60% owned Bisha mine in Eritrea.
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