Scotiabank Estimates Nexa Resources FY2026 Earnings

Nexa Resources S.A. (NYSE:NEXA) – Investment analysts at Scotiabank issued their FY2026 earnings per share estimates for Nexa Resources in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw anticipates that the company will earn $0.76 per share for the year. Scotiabank has a “Sector Underperform” rating and a $7.00 price objective on the stock. The consensus estimate for Nexa Resources’ current full-year earnings is ($0.08) per share.

Separately, Morgan Stanley upgraded shares of Nexa Resources from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $7.50 to $7.80 in a research report on Thursday, December 12th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $7.56.

Nexa Resources Trading Up 5.0 %

Shares of NEXA opened at $6.92 on Thursday. Nexa Resources has a fifty-two week low of $5.10 and a fifty-two week high of $9.61. The firm has a market cap of $916.48 million, a price-to-earnings ratio of -4.58 and a beta of 1.48. The firm has a 50 day moving average price of $7.87 and a 200-day moving average price of $7.38. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.76 and a current ratio of 1.13.

Institutional Trading of Nexa Resources

A hedge fund recently raised its stake in Nexa Resources stock. Renaissance Technologies LLC boosted its position in shares of Nexa Resources S.A. (NYSE:NEXA) by 3.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 341,792 shares of the company’s stock after buying an additional 12,092 shares during the quarter. Renaissance Technologies LLC owned approximately 0.26% of Nexa Resources worth $2,611,000 as of its most recent filing with the Securities & Exchange Commission.

Nexa Resources Company Profile

Nexa Resources SA, 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.