Nevsun Resources (TSE:NSU) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Nevsun Resources (TSE:NSUGet Free Report) (NYSEAMERICAN:NSU)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 stock has a market capitalization of C$1.82 billion and a price-to-earnings ratio of -50.00. The stock has a fifty day moving average price of C$6.00.

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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