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Nexa Resources SA ( (NEXA) ) has provided an announcement.
Nexa Resources S.A. has temporarily suspended operations at its Cajamarquilla smelter due to a strike initiated by the operator’s union, despite ongoing negotiations involving the Ministry of Labor. The company has reached an agreement with the technician’s union and is actively managing the situation to ensure safety and compliance with regulations, while maintaining that its 2025 sales guidance remains unaffected.
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’s stock score is primarily impacted by its financial performance struggles, highlighted by negative profitability and high leverage. The technical analysis indicates bearish trends further contributing to a lower score. While some strategic projects show promise, the current operational and valuation challenges weigh heavily on the stock’s attractiveness.
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 over 65 years of experience in Latin America. The company primarily focuses on zinc production and operates multiple mining and smelting assets, including four underground polymetallic mines and three smelters, with the Cajamarquilla smelter being the largest in the Americas.
Average Trading Volume: 24,080
Technical Sentiment Signal: Sell
Current Market Cap: $625.1M
See more insights into NEXA stock on TipRanks’ Stock Analysis page.