Shares of Nevsun Resources (NYSEAMERICAN:NSU – Get Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $4.44 and traded as low as $4.44. Nevsun Resources shares last traded at $4.44, with a volume of 25,500 shares trading hands.
Nevsun Resources Stock Performance
The firm’s 50 day simple moving average is $4.44 and its 200 day simple moving average is $4.44.
Nevsun Resources Company Profile
Nevsun Resources is a Canadian base and precious metals exploration and production company specializing in copper, gold, zinc and silver assets. The company has historically focused on advancing high-grade projects through feasibility, permitting and construction to bring sustainable mining operations into production. Its expertise spans resource definition, metallurgical optimization and mine development, with an emphasis on de-risking projects and delivering shareholder value through operational excellence and strategic partnerships.
The company’s flagship asset was the Çöpler gold and copper mine in eastern Turkey, which began commercial production in 2011.
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