Intrinsic value of Nevsun Resources - NSU

Previous Close

$4.43

  Intrinsic Value

$0.67

stock screener

  Rating & Target

str. sell

-85%

Previous close

$4.43

 
Intrinsic value

$0.67

 
Up/down potential

-85%

 
Rating

str. sell

We calculate the intrinsic value of NSU stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 1.3

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  25.40
  23.36
  21.52
  19.87
  18.38
  17.05
  15.84
  14.76
  13.78
  12.90
  12.11
  11.40
  10.76
  10.19
  9.67
  9.20
  8.78
  8.40
  8.06
  7.76
  7.48
  7.23
  7.01
  6.81
  6.63
  6.46
  6.32
  6.19
  6.07
  5.96
Revenue, $m
  363
  448
  544
  652
  772
  904
  1,047
  1,201
  1,367
  1,543
  1,730
  1,927
  2,135
  2,352
  2,580
  2,817
  3,064
  3,322
  3,590
  3,868
  4,157
  4,458
  4,770
  5,095
  5,433
  5,784
  6,149
  6,530
  6,926
  7,339
Variable operating expenses, $m
  293
  361
  438
  526
  622
  728
  844
  968
  1,102
  1,244
  1,394
  1,553
  1,721
  1,896
  2,079
  2,270
  2,470
  2,677
  2,893
  3,118
  3,351
  3,593
  3,845
  4,107
  4,379
  4,662
  4,956
  5,263
  5,582
  5,915
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  293
  361
  438
  526
  622
  728
  844
  968
  1,102
  1,244
  1,394
  1,553
  1,721
  1,896
  2,079
  2,270
  2,470
  2,677
  2,893
  3,118
  3,351
  3,593
  3,845
  4,107
  4,379
  4,662
  4,956
  5,263
  5,582
  5,915
Operating income, $m
  70
  87
  106
  127
  150
  175
  203
  233
  265
  299
  336
  374
  414
  456
  500
  546
  594
  644
  696
  750
  807
  865
  925
  988
  1,054
  1,122
  1,193
  1,267
  1,344
  1,424
EBITDA, $m
  145
  178
  217
  260
  308
  360
  417
  479
  545
  615
  689
  768
  851
  937
  1,028
  1,123
  1,221
  1,324
  1,430
  1,541
  1,657
  1,776
  1,901
  2,030
  2,165
  2,305
  2,450
  2,602
  2,760
  2,924
Interest expense (income), $m
  0
  0
  4
  8
  13
  19
  26
  32
  40
  48
  57
  66
  76
  87
  98
  109
  121
  134
  147
  160
  174
  189
  204
  220
  237
  254
  272
  290
  310
  330
  351
Earnings before tax, $m
  70
  83
  97
  113
  131
  150
  171
  193
  217
  242
  269
  298
  328
  359
  391
  425
  461
  498
  536
  576
  617
  660
  705
  752
  800
  850
  903
  957
  1,014
  1,073
Tax expense, $m
  19
  22
  26
  31
  35
  40
  46
  52
  59
  65
  73
  80
  88
  97
  106
  115
  124
  134
  145
  156
  167
  178
  190
  203
  216
  230
  244
  258
  274
  290
Net income, $m
  51
  61
  71
  83
  95
  109
  125
  141
  158
  177
  197
  217
  239
  262
  286
  311
  336
  363
  391
  420
  451
  482
  515
  549
  584
  621
  659
  699
  740
  783

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  1,291
  1,593
  1,936
  2,321
  2,747
  3,216
  3,725
  4,275
  4,864
  5,492
  6,157
  6,859
  7,597
  8,371
  9,180
  10,025
  10,905
  11,821
  12,774
  13,765
  14,795
  15,864
  16,976
  18,132
  19,334
  20,584
  21,884
  23,238
  24,648
  26,117
Adjusted assets (=assets-cash), $m
  1,291
  1,593
  1,936
  2,321
  2,747
  3,216
  3,725
  4,275
  4,864
  5,492
  6,157
  6,859
  7,597
  8,371
  9,180
  10,025
  10,905
  11,821
  12,774
  13,765
  14,795
  15,864
  16,976
  18,132
  19,334
  20,584
  21,884
  23,238
  24,648
  26,117
Revenue / Adjusted assets
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
  0.281
Average production assets, $m
  1,091
  1,346
  1,635
  1,960
  2,321
  2,716
  3,147
  3,611
  4,109
  4,639
  5,201
  5,794
  6,417
  7,071
  7,754
  8,468
  9,211
  9,985
  10,790
  11,627
  12,497
  13,401
  14,340
  15,316
  16,331
  17,387
  18,485
  19,629
  20,820
  22,061
Working capital, $m
  48
  59
  71
  85
  101
  118
  137
  157
  179
  202
  227
  252
  280
  308
  338
  369
  401
  435
  470
  507
  545
  584
  625
  667
  712
  758
  806
  855
  907
  961
Total debt, $m
  73
  156
  250
  356
  473
  602
  742
  893
  1,055
  1,228
  1,411
  1,604
  1,807
  2,019
  2,242
  2,474
  2,716
  2,968
  3,230
  3,503
  3,786
  4,080
  4,386
  4,704
  5,034
  5,378
  5,736
  6,108
  6,496
  6,900
Total liabilities, $m
  355
  438
  532
  638
  756
  884
  1,024
  1,176
  1,338
  1,510
  1,693
  1,886
  2,089
  2,302
  2,525
  2,757
  2,999
  3,251
  3,513
  3,785
  4,068
  4,363
  4,669
  4,986
  5,317
  5,661
  6,018
  6,390
  6,778
  7,182
Total equity, $m
  936
  1,155
  1,404
  1,683
  1,992
  2,331
  2,701
  3,099
  3,526
  3,982
  4,464
  4,973
  5,508
  6,069
  6,656
  7,268
  7,906
  8,570
  9,261
  9,980
  10,726
  11,502
  12,308
  13,146
  14,017
  14,923
  15,866
  16,848
  17,870
  18,935
Total liabilities and equity, $m
  1,291
  1,593
  1,936
  2,321
  2,748
  3,215
  3,725
  4,275
  4,864
  5,492
  6,157
  6,859
  7,597
  8,371
  9,181
  10,025
  10,905
  11,821
  12,774
  13,765
  14,794
  15,865
  16,977
  18,132
  19,334
  20,584
  21,884
  23,238
  24,648
  26,117
Debt-to-equity ratio
  0.080
  0.130
  0.180
  0.210
  0.240
  0.260
  0.270
  0.290
  0.300
  0.310
  0.320
  0.320
  0.330
  0.330
  0.340
  0.340
  0.340
  0.350
  0.350
  0.350
  0.350
  0.350
  0.360
  0.360
  0.360
  0.360
  0.360
  0.360
  0.360
  0.360
Adjusted equity ratio
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725
  0.725

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  51
  61
  71
  83
  95
  109
  125
  141
  158
  177
  197
  217
  239
  262
  286
  311
  336
  363
  391
  420
  451
  482
  515
  549
  584
  621
  659
  699
  740
  783
Depreciation, amort., depletion, $m
  74
  92
  111
  133
  158
  185
  214
  246
  280
  316
  354
  394
  437
  481
  528
  576
  627
  679
  734
  791
  850
  912
  975
  1,042
  1,111
  1,183
  1,257
  1,335
  1,416
  1,501
Funds from operations, $m
  126
  152
  182
  216
  253
  294
  339
  387
  438
  493
  550
  611
  676
  743
  813
  887
  963
  1,043
  1,125
  1,211
  1,301
  1,394
  1,490
  1,591
  1,695
  1,803
  1,916
  2,034
  2,156
  2,284
Change in working capital, $m
  10
  11
  13
  14
  16
  17
  19
  20
  22
  23
  24
  26
  27
  28
  30
  31
  32
  34
  35
  36
  38
  39
  41
  43
  44
  46
  48
  50
  52
  54
Cash from operations, $m
  116
  141
  170
  202
  237
  277
  320
  366
  416
  469
  526
  586
  648
  714
  783
  856
  931
  1,009
  1,090
  1,175
  1,263
  1,354
  1,449
  1,548
  1,651
  1,757
  1,869
  1,984
  2,105
  2,230
Maintenance CAPEX, $m
  -59
  -74
  -92
  -111
  -133
  -158
  -185
  -214
  -246
  -280
  -316
  -354
  -394
  -437
  -481
  -528
  -576
  -627
  -679
  -734
  -791
  -850
  -912
  -975
  -1,042
  -1,111
  -1,183
  -1,257
  -1,335
  -1,416
New CAPEX, $m
  -222
  -255
  -290
  -325
  -360
  -396
  -430
  -464
  -498
  -530
  -562
  -593
  -623
  -654
  -684
  -713
  -743
  -774
  -805
  -837
  -870
  -904
  -939
  -976
  -1,015
  -1,056
  -1,099
  -1,144
  -1,191
  -1,241
Cash from investing activities, $m
  -281
  -329
  -382
  -436
  -493
  -554
  -615
  -678
  -744
  -810
  -878
  -947
  -1,017
  -1,091
  -1,165
  -1,241
  -1,319
  -1,401
  -1,484
  -1,571
  -1,661
  -1,754
  -1,851
  -1,951
  -2,057
  -2,167
  -2,282
  -2,401
  -2,526
  -2,657
Free cash flow, $m
  -165
  -188
  -212
  -235
  -256
  -277
  -295
  -312
  -327
  -340
  -352
  -361
  -369
  -376
  -381
  -385
  -389
  -392
  -394
  -396
  -398
  -400
  -402
  -404
  -406
  -409
  -413
  -417
  -422
  -427
Issuance/(repayment) of debt, $m
  73
  83
  94
  106
  117
  129
  140
  151
  162
  173
  183
  193
  203
  213
  223
  232
  242
  252
  262
  272
  283
  294
  306
  318
  330
  344
  358
  372
  388
  404
Issuance/(repurchase) of shares, $m
  139
  158
  178
  196
  214
  230
  245
  258
  269
  278
  286
  292
  296
  299
  301
  302
  302
  301
  300
  298
  296
  294
  291
  289
  287
  285
  284
  283
  282
  282
Cash from financing (excl. dividends), $m  
  212
  241
  272
  302
  331
  359
  385
  409
  431
  451
  469
  485
  499
  512
  524
  534
  544
  553
  562
  570
  579
  588
  597
  607
  617
  629
  642
  655
  670
  686
Total cash flow (excl. dividends), $m
  47
  53
  60
  68
  75
  82
  90
  97
  104
  110
  117
  124
  130
  136
  142
  149
  155
  161
  168
  174
  181
  188
  196
  203
  211
  220
  229
  238
  248
  259
Retained Cash Flow (-), $m
  -191
  -219
  -249
  -279
  -309
  -340
  -369
  -399
  -427
  -455
  -482
  -509
  -535
  -561
  -587
  -612
  -638
  -664
  -691
  -718
  -746
  -776
  -806
  -838
  -871
  -906
  -943
  -982
  -1,022
  -1,065
Prev. year cash balance distribution, $m
  58
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  -86
  -166
  -188
  -211
  -234
  -257
  -280
  -302
  -323
  -345
  -365
  -385
  -405
  -425
  -444
  -464
  -483
  -503
  -523
  -544
  -565
  -587
  -610
  -635
  -660
  -686
  -714
  -743
  -774
  -807
Discount rate, %
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
  -82
  -152
  -164
  -174
  -182
  -187
  -189
  -189
  -186
  -181
  -173
  -164
  -154
  -143
  -130
  -118
  -105
  -93
  -81
  -69
  -58
  -49
  -40
  -32
  -26
  -20
  -15
  -11
  -8
  -6
Current shareholders' claim on cash, %
  89.9
  81.6
  74.7
  68.9
  64.1
  59.9
  56.3
  53.3
  50.7
  48.4
  46.4
  44.6
  43.1
  41.7
  40.5
  39.4
  38.5
  37.6
  36.8
  36.1
  35.5
  34.9
  34.4
  33.9
  33.5
  33.1
  32.7
  32.4
  32.1
  31.8

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.

FINANCIAL RATIOS  of  Nevsun Resources (NSU)

Valuation Ratios
P/E Ratio 121.3
Price to Sales 5.8
Price to Book 1.4
Price to Tangible Book
Price to Cash Flow 29.7
Price to Free Cash Flow -6.6
Growth Rates
Sales Growth Rate -35.3%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 191.8%
Cap. Spend. - 3 Yr. Gr. Rate 13.3%
Financial Strength
Quick Ratio NaN
Current Ratio 0.1
LT Debt to Equity 0%
Total Debt to Equity 0%
Interest Coverage 0
Management Effectiveness
Return On Assets 1%
Ret/ On Assets - 3 Yr. Avg. 4.4%
Return On Total Capital 1.4%
Ret/ On T. Cap. - 3 Yr. Avg. 6.4%
Return On Equity 1.4%
Return On Equity - 3 Yr. Avg. 6.4%
Asset Turnover 0.2
Profitability Ratios
Gross Margin 39.8%
Gross Margin - 3 Yr. Avg. 42.9%
EBITDA Margin 41.6%
EBITDA Margin - 3 Yr. Avg. 44.8%
Operating Margin 26.8%
Oper. Margin - 3 Yr. Avg. 33%
Pre-Tax Margin 26.4%
Pre-Tax Margin - 3 Yr. Avg. 33.1%
Net Profit Margin 4.8%
Net Profit Margin - 3 Yr. Avg. 9.3%
Effective Tax Rate 49.2%
Eff/ Tax Rate - 3 Yr. Avg. 44.2%
Payout Ratio 309.1%

NSU stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the NSU stock intrinsic value calculation we used $289.397 million for the last fiscal year's total revenue generated by Nevsun Resources. The default revenue input number comes from 0001 income statement of Nevsun Resources. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our NSU stock valuation model: a) initial revenue growth rate of 25.4% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for NSU is calculated based on our internal credit rating of Nevsun Resources, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Nevsun Resources.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of NSU stock the variable cost ratio is equal to 80.6%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for NSU stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Nevsun Resources.

Corporate tax rate of 27% is the nominal tax rate for Nevsun Resources. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the NSU stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for NSU are equal to 300.6%.

Life of production assets of 14.7 years is the average useful life of capital assets used in Nevsun Resources operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for NSU is equal to 13.1%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $803.794 million for Nevsun Resources - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 302.212 million for Nevsun Resources is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Nevsun Resources at the current share price and the inputted number of shares is $1.3 billion.

RELATED COMPANIES Price Int.Val. Rating

COMPANY NEWS

▶ Hold Nevsun Resources as Its Acqured by Chinese Miner   [Oct-30-18 03:49PM  GuruFocus.com]
▶ Nevsun: 3Q Earnings Snapshot   [Oct-25-18 06:14PM  Associated Press]
▶ Luxury Electric Car Competition Heats Up   [Sep-18-18 07:13PM  Bloomberg Video]
▶ Company News For Sept 6, 2018   [10:38AM  Zacks]
▶ Shares of Nevsun Resources Surge on Buyout Offer   [Sep-05-18 12:07PM  Motley Fool]
▶ Nevsun Resources Ltd. to Host Earnings Call   [Jul-27-18 09:00AM  ACCESSWIRE]
▶ Nevsun Announces Second Quarter 2018 Financial Results   [Jul-26-18 05:15PM  PR Newswire]
▶ Lundin Mining CEO Paul Conibear to retire   [Jul-25-18 06:18PM  Reuters]
▶ Why Nevsun Resources Stock Is Soaring Today   [Jul-17-18 11:35AM  Motley Fool]
▶ Nevsun Extends Mine Life at Bisha Zinc-Copper Mine   [Jun-14-18 06:00AM  CNW Group]
▶ Nevsun Resources Ltd. to Host Earnings Call   [Apr-27-18 09:00AM  ACCESSWIRE]
▶ Nevsun: 1Q Earnings Snapshot   [Apr-26-18 06:39PM  Associated Press]
▶ Nevsun Files 2017 Annual Report   [Mar-27-18 05:10PM  PR Newswire]
▶ Nevsun Announces Timok Upper Zone PFS Release Date   [Mar-14-18 05:10PM  PR Newswire]
▶ Nevsun Resources Jumps 4%   [Mar-05-18 10:11AM  GuruFocus.com]
▶ Nevsun Resources Ltd. to Host Earnings Call   [Mar-02-18 09:00AM  ACCESSWIRE]
▶ Nevsun Resources Tumbles   [Feb-01-18 10:52AM  GuruFocus.com]
▶ Nevsun Provides 2018 Outlook and Guidance   [Jan-31-18 07:50AM  PR Newswire]
▶ Nevsun Adds Depth and Capacity to its Leadership Team   [Jan-24-18 07:50AM  CNW Group]
▶ Nevsun Resources Down 1.7%   [Jan-15-18 11:51AM  GuruFocus.com]
▶ Nevsun Reports 2017 Production Results   [Jan-10-18 06:46PM  PR Newswire]
▶ Audi's Keogh Says Strong Brand Is Driving Business   [Jan-03-18 10:39AM  Bloomberg Video]
▶ Nevsun Resources Declares Quarterly Dividend   [Dec-13-17 11:42AM  GuruFocus.com]
▶ Nevsun Declares Fourth Quarterly Dividend of 2017   [Dec-12-17 07:50AM  PR Newswire]

CONTACT US       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.