Macquarie upgraded shares of Nevsun Resources (NYSEAMERICAN:NSU) from a neutral rating to an outperform rating in a report released on Monday, MarketBeat Ratings reports.
Separately, Raymond James Financial, Inc. reaffirmed a mkt perform rating on shares of Nevsun Resources in a research note on Tuesday, August 15th.
Nevsun Resources (NSU) opened at $2.35 on Monday. Nevsun Resources has a 1 year low of $1.96 and a 1 year high of $3.52.
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Nevsun Resources Company Profile
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.
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