Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Nexa Resources SA ( (NEXA) ) has issued an update.
Nexa Resources posted a sharp rebound in performance for the quarter ended March 31, 2026, reporting net income of US$118 million, adjusted EBITDA of US$283 million and net revenues of US$888 million, up 42% year on year. Results were buoyed by substantially higher realized metal prices, especially a surge in silver prices, stronger smelting volumes and improved by‑product contributions, which lifted the adjusted EBITDA margin to about 32% despite a seasonal free cash outflow.
Operational setbacks in Peru from heavy rainfall, an illegal blockade at Atacocha and a shaft constraint at El Porvenir hit mine output but have been resolved, while Brazil’s Aripuanã mine set another zinc production record and smelters continued their recovery. Nexa also reached the delivery threshold on its Cerro Lindo silver streaming deal in April 2026, reducing the streamed share of production from 65% to 25% and improving future cash generation, as leverage fell to 1.59x adjusted EBITDA and management reaffirmed 2026 guidance for production, capex and costs.
The most recent analyst rating on (NEXA) stock is a Hold with a $15.00 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.
The score is driven primarily by improving 2025 financial performance and a constructive earnings call with identifiable 2026 catalysts, but tempered by elevated leverage and inconsistent free cash flow conversion. Technicals support an uptrend, though overbought signals raise near-term pullback risk, while valuation appears relatively inexpensive on earnings.
To see Spark’s full report on NEXA stock, click here.
More about Nexa Resources SA
Nexa Resources S.A. is a Luxembourg-based metals and mining company with an integrated mine‑smelter business model focused on zinc and by‑products such as silver, copper cement and sulfuric acid. Its core operations are in Peru and Brazil, where it runs mines including Cerro Lindo, Atacocha, El Porvenir and Aripuanã, alongside smelting facilities at Juiz de Fora and Três Marias.
Average Trading Volume: 1,028,688
Technical Sentiment Signal: Buy
Current Market Cap: $2.05B
For a thorough assessment of NEXA stock, go to TipRanks’ Stock Analysis page.