Nevsun Resources (USA) (NSU) : Mason Hill Advisors added new position in Nevsun Resources (USA) during the most recent quarter end. The investment management firm now holds 338,800 shares of Nevsun Resources (USA) which is valued at $1,118,040 , the company said in a statement filed on Aug 12, 2016 with the SEC.Nevsun Resources (USA) makes up approximately 0.59% of Mason Hill Advisors’s portfolio.
Other Hedge Funds, Including , Aperio Group boosted its stake in NSU in the latest quarter, The investment management firm added 31,846 additional shares and now holds a total of 147,702 shares of Nevsun Resources (USA) which is valued at $487,417.Vanguard Group Inc boosted its stake in NSU in the latest quarter, The investment management firm added 468,961 additional shares and now holds a total of 3,465,598 shares of Nevsun Resources (USA) which is valued at $11,436,473.Ajo Lp reduced its stake in NSU by selling 468,852 shares or 26.81% in the most recent quarter. The Hedge Fund company now holds 1,279,923 shares of NSU which is valued at $4,057,356. Nevsun Resources (USA) makes up approx 0.02% of Ajo Lp’s portfolio. Global X Management Co added NSU to its portfolio by purchasing 297,700 company shares during the most recent quarter which is valued at $952,640. Nevsun Resources (USA) makes up approx 0.05% of Global X Management Co’s portfolio. Tocqueville Asset Management sold out all of its stake in NSU during the most recent quarter. The investment firm sold 200,000 shares of NSU which is valued $664,000.
Nevsun Resources (USA) (NSU) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $3.13 and reached the intraday high at $3.16. The bulls started the profit booking and pushed the shares to intraday low of $3.1. The trading session was marked by a volume range of 4,69,784 shares exchanging hands. The 52-week high of the shares is $3.8 and the 52-week low is $2.27. The market cap of the company stands at $938 M and there are 29,97,10,300 shares in public circulation.
Nevsun Resources Ltd. (Nevsun) is engaged in the acquisition exploration development and operation of mineral property interests. The Company’s principal mining operation is the Bisha Mine and the Company’s principal mineral property is the Bisha property which is owned by Bisha Mining Share Company (BMSC). The Company’s wholly owned subsidiaries include Nevsun (Barbados) Holdings Ltd. Nevsun Africa (Barbados) Ltd. and Nevsun Resources (Eritrea) Ltd. The Company has 60% interest in BMSC. Bisha is a volcanogenic massive sulphide (VMS) deposit located 150 kilometers west of Asmara Eritrea East Africa. The Bisha mine hosts a gold copper and zinc deposit and the overall Bisha district includes satellite VMS deposits known as Harena Northwest and Hambok. The Bisha Main deposit is located within the Bisha Mining License and the Harena satellite deposit lies in a separate mining license 6 kilometers south. Bisha Main and Harena form 100% of the mineral reserves for Bisha.