Nevsun Resources (TSE:NSU) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Nevsun Resources (TSE:NSUGet Free Report) (NYSEAMERICAN:NSU)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.00 and traded as high as C$6.00. Nevsun Resources shares last traded at C$6.00, with a volume of 12,608 shares.

Nevsun Resources Price Performance

The company has a 50 day simple moving average of C$6.00. The company has a market cap of C$1.82 billion and a PE ratio of -50.00.

Nevsun Resources Company Profile

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Nevsun Resources Ltd. engages in the mining and development of mineral properties in Europe, Africa, and North America. It explores for gold, copper, zinc, and silver deposits. The company's principal assets include Timok project, a copper-gold development project in Serbia; and Bisha copper- zinc mine in Eritrea.

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