Nevsun Resources Ltd. (NSU) Stock Rating Upgraded by Macquarie

Nevsun Resources Ltd. (NYSEMKT:NSU) was upgraded by research analysts at Macquarie from a “neutral” rating to an “outperform” rating in a research note issued on Monday.

Nevsun Resources (NYSEMKT NSU) traded up $0.08 on Monday, reaching $2.45. The company had a trading volume of 1,580,000 shares, compared to its average volume of 942,080. Nevsun Resources has a 12 month low of $1.96 and a 12 month high of $3.52.

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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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