Nexa Resources (NEXA) Stock Price, News & Analysis

Company Overview

Nexa Resources S.A., together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces zinc, zamac, zinc oxide, and zincal, as well as by-products, such as copper, lead, silver, gold, copper sulfate, sulfuric acid, copper cementum, silver concentrate, slag aggregates, and cadmium/sponge deposits. The company owns and operates six polymetallic mines, including three located in the Central Andes of Peru; two located in the State of Minas Gerais in Brazil; and one located in the State of Mato Grosso in Brazil. It also owns and operates three zinc smelters comprising one located in Cajamarquilla in Peru; and two located in the State of Minas Gerais in Brazil, which recovers and produces metallic zinc, zinc oxide, and by-products, such as sulfuric acid. The company also exports its products. Its products are used in civil construction, transportation, energy, agriculture, health, and consumer goods industries. The company was formerly known as VM Holding S.A. and changed its name to Nexa Resources S.A. in September 2017. The company was founded in 1956 and is based in Luxembourg, Luxembourg. Nexa Resources S.A. operates as a subsidiary of Votorantim S.A.

Key Stats

• Today's Range: $7.70 to $7.98
• 50-Day Range: $5.87 to $7.88
• 52-Week Range: $4.82 to $8.09
• Volume: 16,865 shs
• Average Volume: 29,335 shs
• Market Capitalization: $1.04 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $7.30
• Consensus Rating: Reduce

NEXA Stock Analysis - Frequently Asked Questions

How have NEXA shares performed this year?

Nexa Resources' stock was trading at $7.14 at the beginning of the year. Since then, NEXA shares have increased by 9.5% and is now trading at $7.82.
View the best growth stocks for 2024 here.

How were Nexa Resources' earnings last quarter?

Nexa Resources S.A. (NYSE:NEXA) announced its earnings results on Thursday, August, 1st. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by $0.03. The firm had revenue of $736.31 million for the quarter, compared to analysts' expectations of $674.20 million. Nexa Resources had a negative trailing twelve-month return on equity of 4.16% and a negative net margin of 10.30%.

When did Nexa Resources IPO?

Nexa Resources (NEXA) raised $604 million in an initial public offering on Friday, October 27th 2017. The company issued 31,000,000 shares at a price of $18.00-$21.00 per share. J.P. Morgan, BMO Capital Markets, Morgan Stanley and Credit Suisse acted as the underwriters for the IPO and BofA Merrill Lynch, Citigroup, Scotiabank, Bradesco BBI, Credicorp Capital, ABN AMRO, Banco do Brasil Securities, Macquarie Capital, MUFG, National Bank of Canada Financial Markets and RBC Capital Markets were co-managers.

How do I buy shares of Nexa Resources?

Shares of NEXA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Nexa Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nexa Resources investors own include Micron Technology (MU), Ford Motor (F), CVS Health (CVS), Pfizer (PFE), Energy Transfer (ET), Intel (INTC) and Verizon Communications (VZ).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 10/23/2024
• Next Earnings (Estimated): 11/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: NYSE:NEXA
• CUSIP: N/A
• CIK: 1713930
• Web: www.nexaresources.com
• Phone: (522) 826-3727
• Fax: N/A
• Employees: 5,771
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $7.30
• High Stock Price Target: $8.00
• Low Stock Price Target: $6.00
• Potential Upside/Downside: -6.6%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.22)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-289,350,000.00
• Net Margins: -10.30%
• Pretax Margin: -10.44%
• Return on Equity: -4.16%
• Return on Assets: -1.24%

Debt

• Debt-to-Equity Ratio: 1.40
• Current Ratio: 1.16
• Quick Ratio: 0.78

Sales & Book Value

• Annual Sales: $2.60 billion
• Price / Sales: 0.40
• Cash Flow: $3.59 per share
• Price / Cash Flow: 2.18
• Book Value: $12.91 per share
• Price / Book: 0.61

Miscellaneous

• Outstanding Shares: 132,440,000
• Free Float: N/A
• Market Cap: $1.04 billion
• Optionable: Optionable
• Beta: 1.54