KTET Answer Key

Nevsun Resources is part of the metals and mining industry and is part of the basic materials sector. 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 -0.23% which opened at 4.46 and closed at 4.44. It moved to an intraday high of 4.47 and a low of 4.44.

SeekingAlpha:  Is It Time To Buy Some Zijin Mining Shares To Replace Nevsun?

Historical Performance:

Over the last five trading days, NSU shares returned -1.55% and in the past 30 trading days it returned -1.11%. Over three months, it changed -0.45%. In one year it has changed 103.67% and within that year its 52-week high was 4.58 and its 52-week low was 2.23. NSU stock is 99.10% above its 52 Week Low.

Our calculations result in a 200 day moving average of 4.09 and a 50 day moving average of 4.50. Right now, NSU stock is trading 8.45% above its 200 day moving average.

SeekingAlpha:  Is It Time To Buy Some Zijin Mining Shares To Replace Nevsun?

Liquidity:

The company has a market cap of $1.4b with 309.7m shares outstanding and a float of 309.7m shares. Trading volume was 25,576 shares and has experienced an average volume of 55,905 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 -0.28 which ended on 31st of December 2017. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.06.Historically, the PE high was 86.10 and the PE low was -34.15. NSU stock has set a new PE low record!

The next earnings report will be: 05-09-2019

The long-term trend of the EPS is an important number as it indicates the present value of Nevsun Resources; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been 35.90% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 167.50% of institutional ownership. Short-interest was 360,035, which was 0.12% of shares outstanding. The short-interest ratio or days-to-cover ratio was 4.68. 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 0.35

SeekingAlpha:  Tracking Chase Coleman’s Tiger Global Portfolio – Q4 2018 Update

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is -4.39%, return on assets is -3.18%, profit margin is -11.23%, price-to-sales is 4.19 and price-to-book is 1.78.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 6  : Financial Safety Result
 0  : Past Performance Result
 0  : Valuation Result
 0  : Dividend Safety Result
 1  : 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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