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Nexa Resources SA ( (NEXA) ) has issued an update.
On December 22, 2025, Nexa Resources S.A. announced it had completed the previously disclosed sale of ten Exclusive Prospecting Licenses that make up its Otavi and Namibia North projects to Midnab Resources, a subsidiary of Australia-listed Midas Minerals. The assets, formerly part of a joint venture between Nexa Brazil and Japan’s state-owned JOGMEC, were fully transferred with all related rights, titles and interests, with JOGMEC retaining rights to 49% of the sale proceeds. Nexa said the divestment is part of its ongoing portfolio optimization strategy aimed at prioritizing higher-return assets, boosting free cash flow and reinforcing disciplined capital allocation, while confirming that Namibia remains a strategic region as it advances copper exploration initiatives beyond its core Latin American base, signaling a continued regional presence but with a more focused asset mix for investors and other stakeholders.
The most recent analyst rating on (NEXA) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Nexa Resources SA stock, see the NEXA Stock Forecast page.
Spark’s Take on NEXA Stock
According to Spark, TipRanks’ AI Analyst, NEXA is a Neutral.
Nexa Resources’ overall stock score is driven by strong earnings call performance and positive technical indicators. However, financial performance is mixed with high leverage and valuation concerns due to a negative P/E ratio. The company shows potential for improvement with a focus on profitability and debt reduction.
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 more than 65 years of experience developing and operating mining and smelting assets in Latin America, the company runs five polymetallic mines in Peru and Brazil and three smelters in Brazil and Peru, including the Cajamarquilla facility in Lima, the largest zinc smelter in the Americas. Nexa ranked among the world’s top five producers of mined and metallic zinc in 2024, underscoring its significant position in the global base metals market.
Average Trading Volume: 246,497
Technical Sentiment Signal: Buy
Current Market Cap: $1.08B
For a thorough assessment of NEXA stock, go to TipRanks’ Stock Analysis page.