Tag Archives: Dividend

A Miner With Lots of Cash, A Profitable Mine, and a Healthy Dividend. Really.

Bisha is one of the best performing mines in the world
Bisha is one of the best performing mines in the world and Nevsun, which has one of the cleanest balance sheets and lowest production costs of any base metal miner, pays more than any other miner a 5.6% dividend to its investors. Its near $600-million war chest backs 80% of its share price. This is real.

By Resource Reports,

With almost $600 million in the bank, NSU has cash to back 80% of its share price. And it pays a dividend. And it’s expanding its profitable mine. Investors are taking note: Nevsun has outperformed the S&P/TSX Capped Diversified Metals & Mining Index by 40% since June.

The big resource picture is still unclear. No one knows what will turn mining around or when it will happen.

With so much uncertainty, it is easy to hesitate. Why buy now? Continue reading A Miner With Lots of Cash, A Profitable Mine, and a Healthy Dividend. Really.

Nevsun Potential Candidate for M&A in 2015

Qatar-Backed QKR Corp. were poised to takeover Nevsun’s 60 percent share of the Bisha gold, copper and zinc mine in Eritrea for a $1 Billion Bid. That offer or any other better bid shall be determined anytime this year.

By CapEri,

IN recent months, Nevsun Resources (NYSEMKT: NSU) has been widely tipped as the next potential candidate for a merger and acquisition (M&A) in 2015.

The company’s strong cash flow balance sheet, low copper prices, increasing merger opportunities, and its strategic management team provide best condition for Nevsun to become the next M&A opportunity.  Continue reading Nevsun Potential Candidate for M&A in 2015

Nevsun Resources has the Highest Dividend Yield in the Gold Industry

A gold producer and base metal developer in Eritrea, has the highest dividend yield (4.1%) in the Gold industry

By FNN Online,

BELOW are the three companies in the Gold industry with the highest dividend yields. Dividends can enhance returns for investors seeking income in addition to capital gains.

Nevsun Resources (AMEX:NSU) is highest with a dividend yield of 4.1%.

Nevsun Resources Ltd. is a gold producer and base metal developer. The Company has a gold-copper-zinc mine in Eritrea.

Thus far today, Nevsun Resources has traded 27,000 shares, vs. average volume of 220,000 shares per day. The stock has matched the Dow (with a -0.3% move) and matched the S&P 500 (with a -0.3% move) during today’s trading. Continue reading Nevsun Resources has the Highest Dividend Yield in the Gold Industry

Power Fully Restored at Bisha Mine; Nevsun Increases Quarterly Dividend by 14%

Power Fully Restored at Bisha Mine

By TesfaNews,

NEVSUN Resources today reports that power supply has been reliably restored to the process plant at the Bisha mine.

As noted in our December 8th news release, financial results have not been negatively impacted as the mine was able to draw down and sell from concentrate stock-piles.

The company is also pleased to advise that its Board of Directors has declared a quarterly cash dividend of US$0.04 per common share (US$0.16 per common share annually), an increase of 14% from prior quarters. Continue reading Power Fully Restored at Bisha Mine; Nevsun Increases Quarterly Dividend by 14%

Nevsun Resources Ranks #1 in Dividend Yield

With a dividend yield of 4.0%, Nevsun Resources named the highest in the Gold Industry

By Peter Chu,

BELOW are the three companies in the Gold industry with the highest dividend yields. Dividends can enhance returns for investors seeking income in addition to capital gains.

Nevsun Resources (AMEX:NSU) is highest with a dividend yield of 4.0%. Nevsun Resources Ltd. is a gold producer and base metal developer. The Company has a gold-copper-zinc mine in Eritrea.

Nevsun Resources (AMEX:NSU) has potential upside of 46.5% based on a current price of $3.42 and analysts’ consensus price target of $5.01. Nevsun Resources shares should first meet resistance at the 200-day moving average (MA) of $3.69 and find additional resistance at the 50-day MA of $3.79.  Continue reading Nevsun Resources Ranks #1 in Dividend Yield

Nevsun Declares Third Quarterly Dividend of 2014

Nevsun’s continued strong cash flow translated into strong dividend yields. Nevsun already outclassed and outperformed others to become a company with the highest operating margin in the Gold industry.

When Nevsun’s strong cash flow translate into strong dividend yields

By Nevsun,

NEVSUN Resources Ltd. is pleased to advise that its Board of Directors has declared a quarterly cash dividend of US$0.035 per common share (US$0.14 per common share annually). The dividend is payable on October 15, 2014, to shareholders of record as of the close of business on September 30, 2014.

This dividend qualifies as an ‘eligible dividend‘ for Canadian income tax purposes.  Continue reading Nevsun Declares Third Quarterly Dividend of 2014