Nexa ResourcesNEXA
About: Nexa Resources SA is a low-cost integrated zinc producer. It produces copper, silver, and gold as byproducts. The company operates through two segments namely Mining and Smelting. Its Mining segment consists of various operating units includes mineral exploration activities and the production of zinc concentrates, copper concentrates and concentrates. The Smelting segment comprises operating units which include facilities recovering and refining zinc metal out of feed materials such as zinc concentrates or secondary feed materials. It generates maximum revenue from the Smelting segment. Geographically It has a presence in Brazil, Peru, the United States of America, Switzerland, Japan, Argentina, South Korea, Colombia, Vietnam, Malaysia and other countries.
Employees: 5,771
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
115% more call options, than puts
Call options by funds: $28K | Put options by funds: $13K
0.06% less ownership
Funds ownership: 1.21% [Q2] → 1.14% (-0.06%) [Q3]
10% less capital invested
Capital invested by funds: $12.2M [Q2] → $11M (-$1.21M) [Q3]
39% less funds holding
Funds holding: 31 [Q2] → 19 (-12) [Q3]
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
86% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 14
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Scotiabank Orest Wowkodaw 8% 1-year accuracy 1 / 12 met price target | 27%downside $5.75 | Sector Underperform Maintained | 4 Nov 2024 |