Nexa Resources Announces Successful Shareholder Meetings and Approvals

Nexa Resources SA ( (NEXA) ) has provided an announcement.

On May 8, 2025, Nexa Resources S.A. held its Annual and Extraordinary General Meetings, where 117,688,927 shares were voted, representing 88.86% of outstanding shares. Shareholders approved all proposed resolutions, including the reelection of board member Flavio Aidar, appointment of PricewaterhouseCoopers LLP as statutory auditor, and financial statements for 2024. The meetings also authorized the board to increase share capital and amend the Articles of Association, reflecting strong shareholder support and positioning Nexa for future strategic initiatives.

Spark’s Take on NEXA Stock

According to Spark, TipRanks’ AI Analyst, NEXA is a Neutral.

Nexa Resources faces significant profitability challenges despite operational efficiencies, reflected in its financial performance. The stock’s bearish technical indicators and negative valuation metrics suggest caution. Although strategic projects and rising metal prices offer some positives, the financial and operational issues highlighted in the earnings call underscore the need for careful management. Overall, the stock is positioned for cautious consideration due to these mixed factors.

To see Spark’s full report on NEXA stock, click here.

More about Nexa Resources SA

Nexa Resources S.A. is a large-scale, low-cost, integrated polymetallic producer with zinc as its main product. With over 65 years of experience, the company operates mining and smelting assets in Latin America, including four underground polymetallic mines in Peru and Brazil, one open pit mine in Peru, and three smelters in Brazil and Peru. Nexa was among the top five producers of mined zinc globally and metallic zinc producers worldwide in 2024.

Average Trading Volume: 21,385

Technical Sentiment Signal: Sell

Current Market Cap: $707.2M

For a thorough assessment of NEXA stock, go to TipRanks’ Stock Analysis page.