Nevsun Resources’ (AMEX:NSU) Mkt Perform Rating Reaffirmed at Raymond James Financial, Inc.

Nevsun Resources (AMEX:NSU)‘s stock had its “mkt perform” rating reiterated by investment analysts at Raymond James Financial, Inc. in a research report issued to clients and investors on Tuesday, August 15th, StockTargetPrices.com reports.

Nevsun Resources (NSU) traded down 1.79% during mid-day trading on Tuesday, reaching $2.20. The company’s stock had a trading volume of 1,111,154 shares. Nevsun Resources has a 1-year low of $1.96 and a 1-year high of $3.52. The firm has a 50 day moving average price of $2.38 and a 200-day moving average price of $2.44. The company’s market capitalization is $664.59 million.

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About Nevsun Resources

Nevsun Resources Ltd. is a base metals company. The Company’s two principal properties are the Timok Project in Serbia, which hosts the copper-gold Cukaru Peki deposit on the Brestovac-Metovnica Exploration Permit (the B-M Permit) and the Bisha Property in Eritrea, which hosts the copper-zinc-gold Bisha deposit and includes satellite volcanogenic massive sulphides (VMS) deposits at Harena, Northwest, Hambok and Asheli.

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