Nexa Resources (NEXA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Nexa Resources delivered a robust Q2, with revenue up 28% and EBITDA up 78%, driving a Buy rating at ~$13 per share. Operational catalysts—Aripuanã ramp-up, Cerro Lindo cost reductions, and brownfield exploration—are poised to boost future earnings and cash flow. Valuation remains compelling at 5.1x 2026E and 4.2x 2027E earnings, with a standalone fair value estimated at $18–$24 per share.
The deal follows discussions disclosed earlier this year and sees the Swedish miner buy Votorantim's near 65% stake in New York Stock Exchange-listed Nexa.
| Metals & Mining Industry | Materials Sector | Juan Ignacio Rosado Gómez de la Torre CEO | XSTU Exchange | LU1701428291 ISIN |
| LU Country | 5,913 Employees | 28 Jul 2026 Last Dividend | - Last Split | 27 Oct 2017 IPO Date |
Nexa Resources S.A., together with its subsidiaries, is a global player in the zinc mining and smelting industry. The organization operates under two primary segments, Mining and Smelting, with a portfolio that encompasses the production of zinc and its derivatives as well as valuable by-products like copper, lead, silver, and gold. Nexa Resources has established a powerful footprint with six polymetallic mines strategically located in Peru and Brazil, complemented by three zinc smelters in these countries, aimed at the recovery and production of metallic zinc, zinc oxide, and various by-products. Having evolved from VM Holding S.A. with a rebranding in September 2017, the company boasts a rich history dating back to its foundation in 1956. Headquartered in Luxembourg City, Luxembourg, Nexa Resources operates as a subsidiary of Votorantim S.A., navigating the global market with a vast export network. Its wide array of products finds critical applications in multiple industries, including construction, transportation, energy, agriculture, health, and consumer goods, underscoring the company's integral role in supporting various aspects of the global economy.