Flow Traders U.s. Exits Position in Nevsun Resources (USA) (NSU)

Nevsun Resources (USA) (NSU) : Flow Traders U.s. has sold out all of its stake in Nevsun Resources (USA) during the most recent quarter, according to the disclosure filed by the company on May 12, 2016 with the SEC. The investment management company has sold out 166 shares of Nevsun Resources (USA) which is valued at $586.

Other Hedge Funds, Including , Walthausen reduced its stake in NSU by selling 73,064 shares or 3.87% in the most recent quarter. The Hedge Fund company now holds 1,816,879 shares of NSU which is valued at $6.4 Million. Nevsun Resources (USA) makes up approx 0.67% of Walthausen’s portfolio.Seizert Capital Partners reduced its stake in NSU by selling 563,539 shares or 26.93% in the most recent quarter. The Hedge Fund company now holds 1,529,370 shares of NSU which is valued at $5.4 Million. Nevsun Resources (USA) makes up approx 0.19% of Seizert Capital Partners’s portfolio. Hillsdale Investment Management added NSU to its portfolio by purchasing 32,200 company shares during the most recent quarter which is valued at $113,666. Nevsun Resources (USA) makes up approx 0.04% of Hillsdale Investment Management’s portfolio.

Nevsun Resources (USA) closed down -0.03 points or -0.89% at $3.34 with 1,94,002 shares getting traded on Friday. Post opening the session at $3.43, the shares hit an intraday low of $3.3 and an intraday high of $3.43 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

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.

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