Shares of Nevsun Resources (NYSEAMERICAN:NSU – Get Free Report) dropped 0.2% during trading on Tuesday. The company traded as low as $4.44 and last traded at $4.44. 25,500 shares were traded during trading, a decline of 71% from the average session volume of 87,058 shares. The stock had previously closed at $4.45.
Nevsun Resources Stock Performance
The company’s fifty day simple moving average is $4.44 and its two-hundred day simple moving average is $4.44.
About Nevsun Resources
Nevsun Resources Ltd. was a Canadian mining company focused on the exploration, development and operation of mineral properties. Its principal products included copper, zinc and gold, with operations and development projects located in Africa and Europe.
Nevsun’s flagship asset was the Bisha mine in Eritrea, a polymetallic mining operation that produced copper and zinc concentrates and previously generated gold and silver as part of its ore profile. The company also advanced the Timok copper-gold project in Serbia, which became a significant part of its development portfolio.
Nevsun traded on the NYSE American under the symbol NSU and was acquired by Zijin Mining Group in 2018.
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