Nevsun Resources (NYSEAMERICAN:NSU – Get Free Report)’s share price dropped 0.2% during trading on Tuesday. The stock traded as low as $4.44 and last traded at $4.44. Approximately 25,500 shares were traded during mid-day trading, a decline of 71% from the average session volume of 87,058 shares. The stock had previously closed at $4.45.
Nevsun Resources Stock Performance
The stock’s 50-day moving average is $4.44 and its two-hundred day moving average is $4.44.
About Nevsun Resources
Nevsun Resources Ltd. was a Canadian mining company focused on the exploration, development and operation of base-metal and precious-metal projects. Its activities centered on copper, zinc and gold, with operations and development assets in Africa and Europe.
The company’s principal producing asset was the Bisha mine in Eritrea, which produced gold and copper before transitioning to zinc production. Nevsun also advanced the Timok copper-gold project in Serbia, a high-grade development opportunity acquired through its purchase of Reservoir Minerals.
Nevsun was acquired by Zijin Mining Group in 2018, and its shares were subsequently delisted.
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