Tag Archives: nevsun share

It’s Time to Buy This Undervalued Copper Miner

Nevsun undervalued Copper Miner
Shares of Nevsun (NSU) look very discounted and trades at a low valuation and looks like it is time to buy more shares.

By Gold Mining Bull | for Seeking Alpha,

Nevsun Resources (NYSEMKT:NSU) is one of my largest holdings but I continue to add more shares here as I feel the stock is undervalued and not getting the respect it deserves by the market. These feelings have only grown stronger as the stock trades at a low valuation and just released positive operational results for 2016. With a 5% dividend yield, strong earnings and the potential to more than triple copper production in the future with its newly acquired Timok project, I think it’s time to buy shares. Continue reading It’s Time to Buy This Undervalued Copper Miner

Nevsun Announces Share Repurchase Program

Nevsun will buy back up to 4 million shares worth C$14 million

By Nevsun Resources,

VANCOUVER, BC – Nevsun Resources Ltd. (TSX:NSU)(NYSE Amex:NSU)(the “Company“) announces the initiation of a common share repurchase program using the normal course issuer bid facility under Toronto Stock Exchange (“TSX”) rules.

Nevsun has received approval from the TSX to purchase up to 4,009,408 common shares of the Company, representing approximately 2% of the 200,470,415 common shares issued Continue reading Nevsun Announces Share Repurchase Program