Nexa Resources (NEXA) Stock Overview
Engages in the zinc mining and smelting business worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 1/6 |
NEXA Community Fair Values
Create NarrativeSee what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
Nexa Resources
16.6% undervalued intrinsic discount
Nexa; an integrated base-metals platform with real cash-flow torque?
View narrativeHE
Published 17 Apr
Nexa Resources S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$13.31 |
| 52 Week High | US$16.89 |
| 52 Week Low | US$4.82 |
| Beta | 0.93 |
| 1 Month Change | -6.14% |
| 3 Month Change | -10.31% |
| 1 Year Change | 163.04% |
| 3 Year Change | 98.95% |
| 5 Year Change | 97.77% |
| Change since IPO | -26.26% |
Recent News & Updates
Narrative Update • Sep 04
NEXA: Zinc Recovery And Boliden Deal Will Shape Balanced Outlook
The updated analyst price target for Nexa Resources has increased from $13.88 to $14.90, with analysts citing revised commodity price assumptions and recent target increases across several firms as key drivers of the change. Analyst Commentary Recent Street research on Nexa Resources shows a mix of optimism and caution, with higher price targets supported by commodity price assumptions and varied views on how those assumptions could translate into future execution and valuation risk.Seeking Alpha • Aug 28
Nexa Resources: Boliden Puts A Price Tag On The Zinc Thesis
Summary Nexa Resources (NEXA) delivered strong Q2 2026 results, with EBITDA up 78% and net income up 636% year-over-year. Boliden has agreed to acquire NEXA at an implied $15.29/share, valuing it at ~3.5x EV/LTM EBITDA, with the deal expected to close in Q1 2027. We downgrade NEXA from Buy to Hold as fundamental upside now accrues to Boliden shareholders; remaining value is in the deal spread. Holding NEXA is now a play on the deal spread (~6.9%) and Boliden share price risk until transaction completion. Read the full article on Seeking Alpha
Narrative Update • Aug 21
NEXA: Higher Zinc Assumptions Will Test Fair Value And Execution Risks
Analysts have lifted the fair value estimate for Nexa Resources to $13.50 from $12.71, citing higher Street price targets driven by stronger zinc price assumptions and updated models following recent quarterly results. Analyst Commentary Recent Street research on Nexa Resources shows a mixed tone.Recent updates
Narrative Update • Sep 04
NEXA: Zinc Recovery And Boliden Deal Will Shape Balanced Outlook
The updated analyst price target for Nexa Resources has increased from $13.88 to $14.90, with analysts citing revised commodity price assumptions and recent target increases across several firms as key drivers of the change. Analyst Commentary Recent Street research on Nexa Resources shows a mix of optimism and caution, with higher price targets supported by commodity price assumptions and varied views on how those assumptions could translate into future execution and valuation risk.Seeking Alpha • Aug 28
Nexa Resources: Boliden Puts A Price Tag On The Zinc Thesis
Summary Nexa Resources (NEXA) delivered strong Q2 2026 results, with EBITDA up 78% and net income up 636% year-over-year. Boliden has agreed to acquire NEXA at an implied $15.29/share, valuing it at ~3.5x EV/LTM EBITDA, with the deal expected to close in Q1 2027. We downgrade NEXA from Buy to Hold as fundamental upside now accrues to Boliden shareholders; remaining value is in the deal spread. Holding NEXA is now a play on the deal spread (~6.9%) and Boliden share price risk until transaction completion. Read the full article on Seeking AlphaNarrative Update • Aug 21
NEXA: Higher Zinc Assumptions Will Test Fair Value And Execution Risks
Analysts have lifted the fair value estimate for Nexa Resources to $13.50 from $12.71, citing higher Street price targets driven by stronger zinc price assumptions and updated models following recent quarterly results. Analyst Commentary Recent Street research on Nexa Resources shows a mixed tone.Narrative Update • Aug 07
NEXA: Higher Zinc Prices May Not Justify Rich Future Earnings Multiple
Analysts have raised their average price target for Nexa Resources to around $12.71 from $5.00, citing stronger zinc pricing, updated commodity forecasts and indications of mining recovery as key factors supporting the revised outlook. Analyst Commentary on Nexa Resources Recent research on Nexa Resources points to a more constructive view on the stock, but with a clear split in sentiment.Narrative Update • Jul 24
NEXA: Zinc Recovery And Smelter Restart Will Frame Balanced Outlook
Nexa Resources' updated fair value estimate has shifted from $12.31 to $13.88 as analysts adjust price targets higher into a $14 to $16 range on revised commodity assumptions, including stronger zinc pricing and a mining recovery reflected in recent research updates. Analyst Commentary Recent research on Nexa Resources highlights a mix of optimism around zinc exposure and mining recovery, alongside caution about sector headwinds and relative positioning.
Narrative Update • Jul 10
NEXA: Mining Recovery And Silver Streaming Shift Will Drive Future Upside
The analyst price target for Nexa Resources has moved from $9.89 to $16.00, as analysts point to updated models that incorporate mining recovery and revised commodity forecasts across precious and base metals. Analyst Commentary Recent research on Nexa Resources highlights a mix of caution and improving confidence, with several bullish analysts revising their models and adjusting price targets after incorporating updated commodity assumptions and the company’s mining recovery.Narrative Update • Jun 26
NEXA: Mining Recovery And Smelter Restart Will Shape Execution Risks
The analyst fair value estimate for Nexa Resources has moved from $7.03 to about $12.31, with analysts linking the higher price target to updated models that factor in the company’s reported mining recovery and recent rating and target changes from the Street. Analyst Commentary Recent Street research on Nexa Resources centers on updated models following the latest Q1 report, with several firms revising fair value estimates to reflect the company’s reported mining recovery and new rating actions.
New Narrative • Apr 17
Nexa; an integrated base-metals platform with real cash-flow torque?
Rating: Speculative Buy / Deep-Value Metals PlayStyle: Cyclical mining and smelting with zinc leverage and balance-sheet repair Core debate: Is Nexa just a cheap Latin American zinc name trapped in a volatile commodity cycle, or is it an underappreciated integrated base-metals platform with real cash-flow torque, diversified by-products, and upside if zinc fundamentals tighten further? Executive view Nexa is one of the cheaper ways to gain exposure to zinc and related base metals, but the investment case is stronger than a simple commodity beta trade.Analysis Article • Dec 04
Nexa Resources S.A.'s (NYSE:NEXA) Shares Bounce 28% But Its Business Still Trails The Industry
Nexa Resources S.A. ( NYSE:NEXA ) shares have continued their recent momentum with a 28% gain in the last month alone...Analysis Article • May 27
Nexa Resources (NYSE:NEXA) Shareholders Will Want The ROCE Trajectory To Continue
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Analysis Article • Mar 19
Here's Why Nexa Resources (NYSE:NEXA) Is Weighed Down By Its Debt Load
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Feb 26
Nexa Resources S.A.'s (NYSE:NEXA) Prospects Need A Boost To Lift Shares
Nexa Resources S.A.'s ( NYSE:NEXA ) price-to-sales (or "P/S") ratio of 0.3x might make it look like a buy right now...Analysis Article • Feb 05
Nexa Resources' (NYSE:NEXA) Returns On Capital Are Heading Higher
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...Analysis Article • Dec 10
Is Nexa Resources (NYSE:NEXA) A Risky Investment?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Oct 02
Nexa Resources S.A. (NYSE:NEXA) Held Back By Insufficient Growth Even After Shares Climb 26%
Nexa Resources S.A. ( NYSE:NEXA ) shareholders are no doubt pleased to see that the share price has bounced 26% in the...Analysis Article • Aug 31
These Return Metrics Don't Make Nexa Resources (NYSE:NEXA) Look Too Strong
What financial metrics can indicate to us that a company is maturing or even in decline? Businesses in decline often...Analysis Article • Jul 19
Is Nexa Resources (NYSE:NEXA) Using Debt Sensibly?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Jan 20
Why Investors Shouldn't Be Surprised By Nexa Resources S.A.'s (NYSE:NEXA) Low P/S
With a price-to-sales (or "P/S") ratio of 0.3x Nexa Resources S.A. ( NYSE:NEXA ) may be sending bullish signals at the...Analysis Article • Dec 15
Does Nexa Resources (NYSE:NEXA) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Seeking Alpha • Aug 21
Nexa Resources: Things To Consider Before Jumping On The Bandwagon
Summary Depressed zinc prices have hurt NEXA's revenues during Q2 2023, and may continue to impact revenue growth in the near term. Cost optimization is the key to improve bottom-line profitability, and Aripuana's ramp-up to full scale can significantly help in this area. Forecasts for 2023 and 2024 reveal declining YoY revenues and EPS, implying limited room for near-term share price growth. NEXA has regularly paid dividends during the last 5 years, however, I believe the dividends may take a cut going forward. It may appear that NEXA is trading cheaply based on certain valuation metrics, however, I see this as an indicator of a low-growth stock at least in the near term. Read the full article on Seeking AlphaAnalysis Article • May 27
Does Nexa Resources (NYSE:NEXA) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Seeking Alpha • Feb 15
Nexa Resources reports Q4 2022 results
Nexa Resources press release (NYSE:NEXA): Q4 Non-GAAP EPS of -$0.04. Revenue of $780M (+15.0% Y/Y). Zinc production of 75kt in Q4 decreased by 8% compared to Q4 2021. Metal sales were 167kt in Q4, up by 6% and 3% from Q4 2021 and Q3 2022, respectively. Sees zinc production of 307-351kt in 2023, 318-379kt in 2024 and 327-383kt in 2025. 2023 capex guidance of $310M.Analysis Article • Dec 17
Nexa Resources S.A. (NYSE:NEXA) Shares Could Be 25% Above Their Intrinsic Value Estimate
Key Insights Nexa Resources' estimated fair value is US$5.4 based on 2 Stage Free Cash Flow to Equity Current share...Shareholder Returns
| NEXA | US Metals and Mining | US Market | |
|---|---|---|---|
| 7D | -3.6% | -2.5% | -0.9% |
| 1Y | 163.0% | 52.3% | 13.9% |
Return vs Industry: NEXA exceeded the US Metals and Mining industry which returned 52.3% over the past year.
Return vs Market: NEXA exceeded the US Market which returned 13.9% over the past year.
Price Volatility
| NEXA volatility | |
|---|---|
| NEXA Average Weekly Movement | 10.2% |
| Metals and Mining Industry Average Movement | 9.7% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.3% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: NEXA has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NEXA's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1956 | n/a | Juan Ignacio Rosado de La Torre | www.nexaresources.com |
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 metallic zinc, zamac, gold, sulfuric acid and zinc oxide, as well as by-products, such as sulfuric acid, silver concentrate, copper cement, copper sulfate, lead concentrate, lead-silver concentrate, and other metallurgical by-products.
Nexa Resources S.A. Fundamentals Summary
| NEXA fundamental statistics | |
|---|---|
| Market cap | US$1.76b |
| Earnings (TTM) | US$277.61m |
| Revenue (TTM) | US$3.46b |
6.3x
P/E Ratio0.5x
P/S RatioIs NEXA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NEXA income statement (TTM) | |
|---|---|
| Revenue | US$3.46b |
| Cost of Revenue | US$2.49b |
| Gross Profit | US$972.05m |
| Other Expenses | US$694.44m |
| Earnings | US$277.61m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.10 |
| Gross Margin | 28.07% |
| Net Profit Margin | 8.02% |
| Debt/Equity Ratio | 116.0% |
How did NEXA perform over the long term?
See historical performance and comparisonDividends
1.0%
Current Dividend Yieldn/a
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/14 18:56 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Nexa Resources S.A. is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexander Robert Pearce | BMO Capital Markets Equity Research |
| Matthew Murphy | BMO Capital Markets Equity Research |
| Lawson Winder | BofA Global Research |