Nexa Resources NYSE: NEXA reported second-quarter 2026 adjusted EBITDA of $286 million, up 78% from a year earlier, as higher metal prices, a recovery in Peruvian mining operations and improved Brazilian smelter performance lifted results. Net income was $98 million, or $0.52 per share, while net revenue rose 28% year over year to $908 million.
Nexa Resources keeps 2026 guidance intact as Aripuana, Peru recovery and Cajamarquilla normalization support a stronger second-half production ramp.
Nexa Resources S.A. (NEXA) Q2 2026 Earnings Call Transcript
Nexa Resources S.A. (NEXA) came out with quarterly earnings of $0.64 per share, missing the Zacks Consensus Estimate of $0.73 per share.
NEXA heads into the Q2 earnings release with stronger metal prices and zinc output, though weaker copper volumes and higher costs may temper gains.
Nexa Resources (NEXA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Nexa Resources is evolving from a pure zinc producer to a diversified metals miner, with by-product metals now driving EBITDA. Recent EBITDA gains are heavily reliant on elevated by-product metal prices, raising concerns about sustainability if commodity prices normalize. Aripuana mine is ramping up but remains an execution story, with stable, lower-cost production and free cash flow yet to be proven.
Nexa Resources S.A. NEXA and Teck Resources Limited TECK are two prominent diversified base metals miners with significant zinc and copper production.
Nexa Resources S.A. is rated a buy, driven by robust financials, undervaluation, and strong zinc, copper, and silver price outlooks. NEXA's expansion projects—Aripuana tailings filter and Cerro Pasco integration—are advancing, expected to add $100M–$140M in annual cash flow upon completion. The company is rapidly deleveraging, targeting a debt/EBITDA ratio below 1.8 by 2026, while maintaining high liquidity and responsible capital allocation.
Nexa Resources' Aripuana mine delivered a second straight record zinc output as expansion efforts and a longer mine life support rising production through 2028.
Investors interested in stocks from the Mining - Miscellaneous sector have probably already heard of Nexa Resources S.A. (NEXA) and Anglo American (NGLOY).
Nexa Resources expects to keep its 2026 zinc guidance intact despite the impacts of the Cajamarquilla fire, with lost refined zinc output set for recovery in H2.