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Nexa Resources Temporarily Halts Atacocha Mine After Community Road Blockade

Story Highlights
  • Nexa Resources has temporarily suspended production at its Atacocha San Gerardo open-pit mine in Peru after an access road blockade by the Joraoniyoc community.
  • The disruption currently has no material impact on Nexa’s output, as Atacocha accounts for under 3% of zinc production, but highlights ongoing community-related operational risks.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nexa Resources Temporarily Halts Atacocha Mine After Community Road Blockade

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Nexa Resources SA ( (NEXA) ) just unveiled an announcement.

On January 21, 2026, Nexa Resources announced that it has temporarily suspended production at its Atacocha San Gerardo open-pit mine in Peru after the Joraoniyoc community illegally blocked road access to the site as part of protest activities. While the company reported no material impact on Atacocha’s production to date and noted that the mine’s output of roughly 0.2kt of zinc per week represents less than 3% of Nexa’s total zinc production, operations have been reduced to critical maintenance with a minimum workforce as management engages in dialogue with local communities and authorities to seek a peaceful resolution, underscoring both the limited immediate impact on group production and the ongoing social and operational risks associated with community relations in its host regions.

The most recent analyst rating on (NEXA) stock is a Hold with a $13.50 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.

Overall score reflects mixed financial performance (weak net profitability and high leverage, partly offset by improving cash flow), a technically strong but overbought setup (high RSI/Stoch), and weak earnings-based valuation (negative P/E). The latest earnings call was a positive offset, citing improving production, profitability, free cash flow, and modest deleveraging, though operational stability and cost pressures remain key risks.

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 operating mining and smelting assets in Latin America. The company runs five polymetallic mines—four long-life underground operations in Peru’s Central Andes and in Brazil’s Minas Gerais and Mato Grosso states, plus one open-pit mine in Peru—and three smelters, including Cajamarquilla in Lima, the largest smelter in the Americas, as well as two facilities in Minas Gerais, Brazil (Três Marias and Juiz de Fora).

Average Trading Volume: 492,406

Technical Sentiment Signal: Buy

Current Market Cap: $1.56B

See more insights into NEXA stock on TipRanks’ Stock Analysis page.

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