Nexa Resources S.A., through its subsidiaries, engages in the zinc mining and smelting business. It also produces zinc, silver, gold, copper, cement, sulfuric acid, lead, agricultural lime, and copper sulfate deposits. The company owns and operates five underground polymetallic mines, including three located in the Central Andes of Peru; and two located in the state of Minas Gerais in Brazil. It also develops the Aripuanã project located in Mato Grosso, Brazil. The company also exports its products. The company was formerly known as VM Holding S.A. and changed its name to Nexa Resources S.A. in September 2017. The company was founded in 1956 and is based in Luxembourg City, Luxembourg. Nexa Resources S.A. operates as a subsidiary of Votorantim S.A.
IPO Year: 2017
Exchange: NYSE
Website: nexaresources.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/12/2024 | $7.50 → $7.80 | Underweight → Equal-Weight | Morgan Stanley |
| 11/1/2023 | $5.00 → $4.50 | Sector Perform → Sector Underperform | Scotiabank |
| 3/30/2023 | $6.00 → $5.60 | Overweight → Underweight | Morgan Stanley |
| 9/16/2022 | $7.20 → $6.60 | Equal-Weight → Overweight | Morgan Stanley |
| 10/29/2021 | $10.10 | Overweight → Equal-Weight | Morgan Stanley |
| 9/29/2021 | $10.00 → $8.90 | Equal-Weight → Overweight | Morgan Stanley |
| 8/19/2021 | $13.50 → $10.00 | Underperform → Market Perform | BMO Capital |
Luxembourg, Luxembourg--(Newsfile Corp. - February 11, 2025) - Nexa Resources S.A. (NYSE:NEXA) ("Nexa Resources", "Nexa", or "Company") is pleased to provide today the drilling and assay results from the fourth quarter and full year of 2024. This document contains forward-looking statements.SummaryNexa's 2024 drilling strategy focused on near-mine expansion, brownfield and infill drilling, and the exploration of promising greenfield projects. At the end of the fourth quarter, cumulative drilling totaled 229,148 meters, comprising 63,779 meters of exploration drilling and 165,369 meters of mining infill drilling. Exploration drilling fell approximately 8% short of the annual target, primaril
Luxembourg, Luxembourg--(Newsfile Corp. - February 6, 2025) - Nexa Resources S.A. (NYSE:NEXA) ("Nexa Resources" or "Nexa" or the "Company") is pleased to announce its operational results for the three- and twelve-month periods ended December 31, 2024. The Company is also providing its production and metal sales guidance for the 2025-2027 period, along with guidance on cash costs, capital expenditures, and other operating expenses for 2025. The figures presented in this report are preliminary and unaudited. Nexa's financial results for the fourth quarter and full year 2024 are expected to be published on Thursday, February 20, 2025 (after trading hours).2024 Summary HighlightsConsolidated m
Luxembourg, Luxembourg--(Newsfile Corp. - January 15, 2025) - Nexa Resources S.A. (NYSE:NEXA) ("Nexa Resources", "Nexa" or the "Company") announces today the adoption of a new dividend policy (the "Policy"), effective January 1, 2025.Nexa aims to distribute annual dividends, subject to the availability of distributable amounts as per Luxembourg law. The annual dividend amount will be determined based on several factors, including: (i) Nexa's cash balance; (ii) free cash flow and earnings generated during the year; (iii) Company's leverage, measured by the Net Debt to Adjusted EBITDA ratio; (iv) capital investment programs and other capital allocation decisions; (v) expected future cash flows
Luxembourg, Luxembourg--(Newsfile Corp. - December 23, 2024) - Nexa Resources S.A. (NYSE:NEXA) ("Nexa Resources", "Nexa" or the "Company") announces today the completion of the previously disclosed sale (the "Transaction") of 100% of the shares of Minera Pampa de Cobre S.A.C. ("MPC"), the owner of the Chapi copper mine, to Quilla Resources Peru S.A.C ("Quilla"). Under the terms of the definitive agreement, Nexa has sold and transferred all shares, rights, titles, and interests in Chapi to Quilla. The Transaction was completed following the fulfillment of all closing conditions.About Quilla Resources Peru S.A.C.Quilla Resources Peru S.A.C ("Quilla") is a privately held Peruvian company, whi
Luxembourg, Luxembourg--(Newsfile Corp. - December 17, 2024) - Nexa Resources S.A. (NYSE:NEXA) ("Nexa Resources" or "Nexa" or the "Company") is pleased to announce that it has entered into an equity subscription agreement effective as of today's date (the "Agreement") with Tinka Resources Limited ("Tinka") (TSXV:TK) (BVL: TK) (OTCQB:TKRFF), as part of a larger non-brokered private placement financing of units of Tinka, the first tranche of which closed today (the "Private Placement").Under the terms of the Agreement, Nexa acquired 9,859,155 units of Tinka (the "Units") at a price of C$0.10 per Unit, for aggregate proceeds of C$985,915.50 (or US$700,000), having exercised its rights under the
LUXEMBOURG / ACCESSWIRE / November 22, 2024 / Nexa Resources S.A. ("Nexa Resources", "Nexa" or the "Company") (NYSE Symbol:NEXA) announces today that it has completed the previously announced sale (the "Transaction") of 100% of the shares issued by Compañia Minera Cerro Colorado S.A.C., comprising the mineral properties of the Pukaqaqa Project ("Pukaqaqa" or the "Project"), located in the Huancavelica region of Peru.With the completion of the Transaction, and pursuant to the terms of the definitive agreement, Nexa has sold and transferred all shares, rights, titles, and interests in Pukaqaqa to Olympic Precious Metals Ltd ("Olympic"). The Transaction was completed following the fulfillment o
Adjusted EBITDA reached more than double the US$87 million reported in 3Q23, primarily due to higher zinc prices, strong by-products contribution, improved results from Aripuanã, and lower mineral exploration and project evaluation expenses in the period.Net revenues totaled US$709 million in 3Q24, up 9% year-over-year, driven by higher zinc and copper prices.Free cash flow was US$51 million, supported by robust operating cash flow and lower CAPEX investments, partially offset by a negative working capital variation. LUXEMBOURG / ACCESSWIRE / October 31, 2024 / Nexa Resources, one of the world's leading zinc producers, delivered a solid performance in 3Q24. Net income for the quarter was US$
Nexa Reaffirms Total Mining Production Guidance for All Metals, Lowers Mining Cash Cost and Capital Expenditures 2024 Guidance LUXEMBOURG / ACCESSWIRE / October 24, 2024 / Nexa Resources S.A. ("Nexa Resources" or "Nexa" or the "Company") (NYSE Symbol:NEXA) today reaffirms its 2024 guidance for total zinc and lead production in the mining segment, updates production guidance for certain of its mines and lowers mining cash cost and capital expenditures guidance. The figures contained in this report are forward-looking statements, preliminary and unaudited. The financial results for the third quarter of 2024 will be published on Thursday, October 31, 2024 (after trading hours).Summary Highlight
LUXEMBOURG / ACCESSWIRE / October 24, 2024 / Nexa Resources S.A. ("Nexa Resources", "Nexa", or "Company") is pleased to provide today the drilling and assay results from the third quarter of 2024. This document contains forward-looking statements.SummaryNexa's 2024 drilling strategy emphasizes near-mine expansion and brownfield and infill drilling, with additional exploration drilling planned for promising greenfield projects.Exploration expenditure and drilling execution are approximately 14% behind schedule, mainly due to operational challenges and rainfall impacting activities at Cerro Lindo. By the end of the third quarter, cumulative drilling reached 170,008 meters comprising 44,658 met
LUXEMBOURG / ACCESSWIRE / October 1, 2024 / Nexa Resources S.A. ("Nexa Resources", "Nexa" or the "Company") (NYSE Symbol:NEXA) announces today changes to its Board of Directors and senior leadership team.The Company announces the departure of Mr. João Schmidt, who has stepped down from his role as a Board member, effective October 1, 2024.At the same time, Nexa is pleased to announce the appointment of Mr. Flavio Aidar to the Board of Directors.Mr. Aidar holds a degree in Business Administration from Fundação Getúlio Vargas and brings over 7 years of experience in the industrial, infrastructure, and mining sectors, along with extensive board experience in various countries and financial mark
Morgan Stanley upgraded Nexa Resources from Underweight to Equal-Weight and set a new price target of $7.80 from $7.50 previously
Scotiabank downgraded Nexa Resources from Sector Perform to Sector Underperform and set a new price target of $4.50 from $5.00 previously
Morgan Stanley downgraded Nexa Resources from Overweight to Underweight and set a new price target of $5.60 from $6.00 previously
Morgan Stanley upgraded Nexa Resources from Equal-Weight to Overweight and set a new price target of $6.60 from $7.20 previously
Morgan Stanley downgraded Nexa Resources from Overweight to Equal-Weight and set a new price target of $10.10
Morgan Stanley upgraded Nexa Resources from Equal-Weight to Overweight and set a new price target of $8.90 from $10.00 previously
BMO Capital upgraded Nexa Resources from Underperform to Market Perform and set a new price target of $10.00 from $13.50 previously
Morgan Stanley downgraded Nexa Resources from Overweight to Equal-Weight and set a new price target of $10.20
Credit Suisse upgraded Nexa Resources from Underperform to Neutral and set a new price target of $11.00 from $8.50 previously
Credit Suisse upgraded Nexa Resources from Underperform to Neutral
6-K - Nexa Resources S.A. (0001713930) (Filer)
6-K - Nexa Resources S.A. (0001713930) (Filer)
6-K - Nexa Resources S.A. (0001713930) (Filer)
6-K - Nexa Resources S.A. (0001713930) (Filer)
6-K - Nexa Resources S.A. (0001713930) (Filer)
6-K - Nexa Resources S.A. (0001713930) (Filer)
6-K - Nexa Resources S.A. (0001713930) (Filer)
6-K - Nexa Resources S.A. (0001713930) (Filer)
6-K - Nexa Resources S.A. (0001713930) (Filer)
6-K - Nexa Resources S.A. (0001713930) (Filer)
Luxembourg, Luxembourg--(Newsfile Corp. - February 6, 2025) - Nexa Resources S.A. (NYSE:NEXA) ("Nexa Resources" or "Nexa" or the "Company") is pleased to announce its operational results for the three- and twelve-month periods ended December 31, 2024. The Company is also providing its production and metal sales guidance for the 2025-2027 period, along with guidance on cash costs, capital expenditures, and other operating expenses for 2025. The figures presented in this report are preliminary and unaudited. Nexa's financial results for the fourth quarter and full year 2024 are expected to be published on Thursday, February 20, 2025 (after trading hours).2024 Summary HighlightsConsolidated m
Luxembourg, Luxembourg--(Newsfile Corp. - January 15, 2025) - Nexa Resources S.A. (NYSE:NEXA) ("Nexa Resources", "Nexa" or the "Company") announces today the adoption of a new dividend policy (the "Policy"), effective January 1, 2025.Nexa aims to distribute annual dividends, subject to the availability of distributable amounts as per Luxembourg law. The annual dividend amount will be determined based on several factors, including: (i) Nexa's cash balance; (ii) free cash flow and earnings generated during the year; (iii) Company's leverage, measured by the Net Debt to Adjusted EBITDA ratio; (iv) capital investment programs and other capital allocation decisions; (v) expected future cash flows
Nexa Reaffirms Total Mining Production Guidance for All Metals, Lowers Mining Cash Cost and Capital Expenditures 2024 Guidance LUXEMBOURG / ACCESSWIRE / October 24, 2024 / Nexa Resources S.A. ("Nexa Resources" or "Nexa" or the "Company") (NYSE Symbol:NEXA) today reaffirms its 2024 guidance for total zinc and lead production in the mining segment, updates production guidance for certain of its mines and lowers mining cash cost and capital expenditures guidance. The figures contained in this report are forward-looking statements, preliminary and unaudited. The financial results for the third quarter of 2024 will be published on Thursday, October 31, 2024 (after trading hours).Summary Highlight
Full Year Net Loss of US$289 million and Adjusted EBITDA of US$391 millionLUXEMBOURG / ACCESSWIRE / February 21, 2024 / Nexa Resources S.A. ("Nexa Resources", "Nexa", or the "Company") announces today its results for the three and twelve-month periods ended December 31, 2023.CEO Message - Ignacio Rosado"In 2023, we continued to focus on increasing efficiency across our organization. We deployed several initiatives, which streamlined our cost base and supported our strategic priorities. Significant effort was also made on overcoming the challenges we encountered in the ramp-up of our Aripuanã mine, which is now firmly on track to reach nameplate capacity in mid-2024. We closed the year achiev
LUXEMBOURG / ACCESSWIRE / February 01, 2024 / Nexa Resources S.A. ("Nexa Resources" or "Nexa" or the "Company") (NYSE:NEXA) is pleased to announce operational results for the three and twelve-month periods ended December 31, 2023, and provide its production and metal sales guidance for the three-year period 2024-2026. The Company is also providing cash costs, capital expenditures and other operating expenses guidance for 2024. The figures contained in this report are considered preliminary and are unaudited. The financial results for the fourth quarter and full year 2023 are expected to be published on Wednesday, February 21, 2024 (after trading hours).2023 Summary Highlights2023 mining prod
LUXEMBOURG / ACCESSWIRE / October 24, 2023 / Nexa Resources S.A. ("Nexa Resources" or "Nexa" or the "Company") (NYSE:NEXA) today provides an update on the progress of the Aripuanã ramp-up phase and new estimates for production, in addition to exploration and project development and cash costs revisions. The figures contained in this report are considered preliminary and are unaudited. The financial results for the third quarter 2023 will be published on Monday, October 30, 2023 (after trading hours).Summary HighlightsAripuanã: Zinc production for 2023 is now expected to be 20-23kt, lower than previous guidance of 28-40kt, mainly explained by processing plant limitations due to certain equipm
LUXEMBOURG / ACCESSWIRE / February 15, 2023 / Nexa Resources S.A. ("Nexa Resources", "Nexa", or "Company") announces today its results for the three and twelve months ended December 31, 2022 and provides its production and metal sales guidance for the three-year period 2023-2025. The Company is also providing cash cost, capital expenditures and other operating expenses guidance for 2023.CEO Message - Ignacio Rosado"The fourth quarter of 2022 marked my first full year as CEO of Nexa, where I focused on increasing efficiency across our organization. We deployed a set of initiatives and new ways of working, which streamlined our cost base, as well as supported our strategic priorities.We achiev
LUXEMBOURG / ACCESSWIRE / February 15, 2023 / Nexa Resources S.A. ("Nexa Resources" or "Nexa" or the "Company") (NYSE Symbol: "NEXA"), announces that the board of directors of the Company approved1 a distribution of approximatively US$25 million as share premium ("Special Cash Dividend"). This represents approximately a Special Cash Dividend of US$0.188766 per common share, considering 132,438,611 shares outstanding as of December 31, 2022, to shareholders of the Company of record at the close of business on March 10, 2023.The Special Cash Dividend will be paid on March 24, 2023. The Special Cash Dividend amount will be exempt from tax.1Subject to ratification, in accordance with Luxembourg
LUXEMBOURG / ACCESSWIRE / October 27, 2022 / Nexa Resources S.A. ("Nexa Resources", "Nexa", or "Company") announces today its results for the three and nine months ended September 30, 2022.CEO Message - Ignacio Rosado"Market expectations for a global recession driven by rising inflation resulted in aggressive monetary policy tightening, increasing commodity price volatility, and which has put base metal prices under significant pressure since mid-second quarter. Although we believe the fundamental value for zinc will be strong in the coming months, given low inventory levels and a decrease or shutdown of production in smelters in Europe, we are taking appropriate measures to maintain a healt
LUXEMBOURG / ACCESSWIRE / July 28, 2022 / Nexa Resources S.A. ("Nexa Resources", "Nexa", or "Company") announces today its results for the three and six months ended June 30, 2022.CEO Message - Ignacio Rosado"We delivered strong results across the Company and recorded the highest quarterly Adjusted EBITDA in our history. We would like to thank our teams for the hard work in safely improving our performance and mitigating inflationary cost pressure and supply chain constraints. We are fine-tuning our operating strategy to improve our value propositions to remain competitive through the commodities' cycle.We have seen increased volatility in the capital markets, as well as growing concerns abo
LUXEMBOURG / ACCESSWIRE / October 1, 2024 / Nexa Resources S.A. ("Nexa Resources", "Nexa" or the "Company") (NYSE Symbol:NEXA) announces today changes to its Board of Directors and senior leadership team.The Company announces the departure of Mr. João Schmidt, who has stepped down from his role as a Board member, effective October 1, 2024.At the same time, Nexa is pleased to announce the appointment of Mr. Flavio Aidar to the Board of Directors.Mr. Aidar holds a degree in Business Administration from Fundação Getúlio Vargas and brings over 7 years of experience in the industrial, infrastructure, and mining sectors, along with extensive board experience in various countries and financial mark
LUXEMBOURG / ACCESSWIRE / June 13, 2024 / Nexa Resources S.A. ("Nexa Resources" or "Nexa" or the "Company") (NYSE:NEXA) announces that the Annual General Meeting of the Shareholders was successfully held today at its registered office.A total of 102,840,007 shares were voted at the Annual General Meeting of the Shareholders, representing 77.65% of the overall votes attached to outstanding shares.Shareholders voted in favor of all proposed resolutions, as follows: Resolution - AGM% For% WithheldElect Board members: Jaime Ardila98.76%0.24%Gianfranco Castagnola99.89%0.11%Daniella Elena Dimitrov100.00%0.00%Luis Ermírio de Moraes98.76%0.24%Hilmar Rode100.00%0.00%Edward Ruiz100.00%0.00%Jane Sad
LUXEMBOURG / ACCESSWIRE / June 22, 2023 / Nexa Resources S.A. ("Nexa Resources" or "Nexa" or the "Company") (NYSE:NEXA) announces that the Annual General Meeting of the Shareholders was successfully held today at its registered office.A total of 113,542,237 shares were voted at the Annual General Meeting of the Shareholders, representing 85.73% of the overall votes attached to outstanding shares.Shareholders voted in favor of all proposed resolutions, as follows:Resolution - AGM% For% WithheldElect one new Board member: Hilmar Rode99.53%0.47%Appointment of the statutory auditor: PricewaterhouseCoopers LLP88.1%11.9%Annual Accounts 2022100.00%0.00%Consolidated financial statements 2022100.00
LUXEMBOURG / ACCESSWIRE / September 14, 2022 / Nexa Resources S.A. ("Nexa Resources" or "Nexa" or the "Company") (NYSE:NEXA) is pleased to announce that its Board of Directors has approved the appointment of José Carlos del Valle as Nexa's Senior Vice-President of Finance and Group Chief Financial Officer ("CFO"), effective October 3rd, 2022."I am delighted to welcome José Carlos to our team. He is a well-known executive in the mining financial markets, and we believe that his solid track record will help us achieve our long-term goals, improve our competitiveness, and consolidate our high-performance culture", said Ignacio Rosado, President and Chief Executive Officer ("CEO").Mr. del Valle,
SC 13G/A - Nexa Resources S.A. (0001713930) (Subject)
SC 13G/A - Nexa Resources S.A. (0001713930) (Subject)