The growth of the EPS is critical in understanding the current valuation of Nevsun Resources. It is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been 35.90 % over the last twelve months. Growth in EPS is an important measure of administration performance because it shows how much money Nevsun Resources is making for it’s investors or shareholders.



Nevsun Resources is in the basic materials sector and trades as part of the metals and mining industry. The company CEO is Peter Gerald Jan Kukielski. Nevsun Resources is a mid-tier base metals company. The company is engaged in the acquisition, exploration, development and operation of mineral property interests. Its projects include Timok in Serbi, and Bisha Mine in Eritrea.

Previous Intraday Performance:

The NSU shares had a previous change of -2.00% which opened at 4.52 and closed at 4.41. It moved to an intraday high of 4.55 and a low of 4.41.

PR Newswire:  Zijin Mining Acquires An Additional 3.07% of Nevsun Resources

Historical Performance:

Over the last five trading days, NSU shares returned -0.68% and in the past 30 trading days it returned -1.78%. Over three months, it changed -0.68%. In one year it has changed 80.00% and within that year its 52-week high was 4.55 and its 52-week low was 2.00. NSU stock is 120.50% above its 52 Week Low.

Our calculations result in a 200 day moving average of 3.74 and a 50 day moving average of 4.44. Right now, NSU stock is trading 17.80% above its 200 day moving average.

PR Newswire:  Zijin Mining Acquires An Additional 3.07% of Nevsun Resources

Liquidity:

The company has a market cap of $1.3b with 302.6m shares outstanding and a float of 302.6m shares. Trading volume was 136,186 shares and has experienced an average volume of 369,154 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Nevsun Resources was 0 which ended on 31st of December 2017, which according to the previous close, that is a PE of inf. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.01.

Below was the last reported quarterly earnings per share:
09-30-2018:  -0.06
06-30-2018:  -0.05
03-31-2018:  -0.01
12-31-2017:  -0.01



Indicators Also to Watch:

Based on the latest filings, there is 70.30% of institutional ownership. Short-interest was 1,995,793, which was 0.66% of shares outstanding. The short-interest ratio or days-to-cover ratio was 4.23. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 0.36

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is -4.41%, return on assets is -3.20%, profit margin is -11.23%, price-to-sales is 4.14 and price-to-book is 1.74.

Company Score Card:

Results are out of six:
 3  : Growth Expectations Result
 6  : Financial Safety Result
 0  : Past Performance Result
 0  : Valuation Result
 0  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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