Nexa Resources Sa Stock Today

NEXA Stock  USD 7.16  0.10  1.38%   

Performance

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Odds Of Distress

Less than 41

 
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Below Average
Nexa Resources is trading at 7.16 as of the 28th of March 2024, a -1.38 percent decrease since the beginning of the trading day. The stock's open price was 7.26. Nexa Resources has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Nexa Resources SA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of August 2023 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Materials
IPO Date
27th of October 2017
Category
Basic Materials
Nexa Resources S.A., together with its subsidiaries, engages in the zinc mining and smelting business. The company was founded in 1956 and is based in Luxembourg, Luxembourg. Nexa Resources is traded on New York Stock Exchange in the United States. The company has 132.44 M outstanding shares of which 122.32 K shares are now shorted by private and institutional investors with about 2.29 trading days to cover. More on Nexa Resources SA

Moving against Nexa Stock

  0.57USGOW US GoldMining WarrantPairCorr
  0.45CMP Compass Minerals Int Financial Report 14th of May 2024 PairCorr

Nexa Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nexa Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nexa Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOIgnacio Rosado
Thematic IdeaNon-Metallic and Industrial Metal Mining (View all Themes)
Old NameNexa Resources S.A
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, NYSE Composite, Non-Metallic and Industrial Metal Mining, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Average Analyst Recommendation
Analysts covering Nexa Resources report their recommendations after researching Nexa Resources' financial statements, talking to executives and customers, or listening in on Nexa Resources' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Nexa Resources SA. The Nexa consensus assessment is calculated by taking the average forecast from all of the analysts covering Nexa Resources.
Financial Strength
Based on the key indicators related to Nexa Resources' liquidity, profitability, solvency, and operating efficiency, Nexa Resources SA is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in April. Financial strength of Nexa Resources SA is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.350.5316
Way Down
Slightly volatile
Gross Profit Margin0.05790.061
Notably Down
Slightly volatile
Net Debt830.1 M1.3 B
Way Down
Slightly volatile
Total Current Liabilities875.9 M1.1 B
Significantly Down
Slightly volatile
Non Current Liabilities Total2.4 B2.3 B
Sufficiently Up
Slightly volatile
Total Assets4.4 B4.8 B
Moderately Down
Slightly volatile
Total Current Assets1.2 B1.1 B
Significantly Up
Very volatile
Total Cash From Operating Activities284.9 M268.9 M
Notably Up
Slightly volatile
Nexa Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Nexa Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nexa Resources' financial leverage. It provides some insight into what part of Nexa Resources' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Nexa Resources' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Nexa Resources deploys its capital and how much of that capital is borrowed.
Liquidity
Nexa Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.73 B in liabilities with Debt to Equity (D/E) ratio of 0.92, which is about average as compared to similar companies. Nexa Resources SA has a current ratio of 1.42, which is within standard range for the sector. Debt can assist Nexa Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Nexa Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nexa Resources SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nexa to invest in growth at high rates of return. When we think about Nexa Resources' use of debt, we should always consider it together with cash and equity.

Sale Purchase Of Stock

(5.24 Million)
Nexa Resources SA (NEXA) is traded on New York Stock Exchange in USA. It is located in 37A, Avenue J.F. Kennedy, Luxembourg City, Luxembourg, 1855 and employs 27 people. Nexa Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 948.26 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nexa Resources's market, we take the total number of its shares issued and multiply it by Nexa Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nexa Resources SA conducts business under Metals & Mining sector and is part of Materials industry. The entity has 132.44 M outstanding shares of which 122.32 K shares are now shorted by private and institutional investors with about 2.29 trading days to cover. Nexa Resources SA currently holds about 632.57 M in cash with 268.95 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.78.
Check Nexa Resources Probability Of Bankruptcy
Ownership Allocation
Nexa Resources SA maintains a total of 132.44 Million outstanding shares. Nexa Resources SA secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 66.47 % of Nexa Resources SA outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Nexa Ownership Details

Nexa Stock Price Odds Analysis

What are Nexa Resources' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Nexa Resources jumping above the current price in 90 days from now is about 19.77%. The Nexa Resources SA probability density function shows the probability of Nexa Resources stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Nexa Resources has a beta of 0.2237. This indicates as returns on the market go up, Nexa Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nexa Resources SA will be expected to be much smaller as well. Additionally, nexa Resources SA has an alpha of 0.0375, implying that it can generate a 0.0375 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 7.16HorizonTargetOdds Above 7.16
79.96%90 days
 7.16 
19.77%
Based on a normal probability distribution, the odds of Nexa Resources to move above the current price in 90 days from now is about 19.77 (This Nexa Resources SA probability density function shows the probability of Nexa Stock to fall within a particular range of prices over 90 days) .

Nexa Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Nexa Resources that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nexa Resources' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nexa Resources' value.
InstituionRecorded OnShares
Tower Research Capital Llc2023-12-31
1.5 K
Qube Research & Technologies2023-12-31
1.5 K
Barclays Plc2023-12-31
1.4 K
Citadel Advisors Llc2023-09-30
1.4 K
Legal & General Group Plc2023-12-31
933
Citigroup Inc2023-12-31
756
The Toronto-dominion Bank2023-12-31
226
U.s. Bancorp2023-12-31
97.0
Bnp Paribas Arbitrage, Sa2023-12-31
1.0
Dimensional Fund Advisors, Inc.2023-12-31
434.5 K
Renaissance Technologies Corp2023-12-31
342.9 K
View Nexa Resources Diagnostics

Nexa Resources Historical Income Statement

Nexa Resources SA Income Statement is one of the three primary financial statements used for reporting Nexa's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nexa Resources SA revenue and expense. Nexa Resources Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Nexa Resources' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 394.3 M, whereas Depreciation And Amortization is forecasted to decline to about 225.3 M. View More Fundamentals

Nexa Stock Against Markets

Picking the right benchmark for Nexa Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nexa Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nexa Resources is critical whether you are bullish or bearish towards Nexa Resources SA at a given time. Please also check how Nexa Resources' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nexa Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Nexa Resources Corporate Management

Elected by the shareholders, the Nexa Resources' board of directors comprises two types of representatives: Nexa Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nexa. The board's role is to monitor Nexa Resources' management team and ensure that shareholders' interests are well served. Nexa Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nexa Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Valdecir BotassiniSenior Vice President Project Development & ExecutionProfile
Diego CabreraDirectorProfile
Leonardo CoelhoSenior Vice President - MiningProfile
Edward RuizIndependent DirectorProfile

How to buy Nexa Stock?

Before investing in Nexa Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nexa Resources. To buy Nexa Resources stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nexa Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Nexa Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Nexa Resources SA stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Nexa Resources SA stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nexa Resources SA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Nexa Stock please use our How to Invest in Nexa Resources guide.

Already Invested in Nexa Resources SA?

The danger of trading Nexa Resources SA is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nexa Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nexa Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nexa Resources SA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nexa Resources SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nexa Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nexa Resources Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nexa Resources Sa Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexa Resources SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Nexa Resources' price analysis, check to measure Nexa Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexa Resources is operating at the current time. Most of Nexa Resources' value examination focuses on studying past and present price action to predict the probability of Nexa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexa Resources' price. Additionally, you may evaluate how the addition of Nexa Resources to your portfolios can decrease your overall portfolio volatility.
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Is Nexa Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nexa Resources. If investors know Nexa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nexa Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.18)
Revenue Per Share
19.43
Quarterly Revenue Growth
(0.19)
Return On Assets
(0)
Return On Equity
(0.18)
The market value of Nexa Resources SA is measured differently than its book value, which is the value of Nexa that is recorded on the company's balance sheet. Investors also form their own opinion of Nexa Resources' value that differs from its market value or its book value, called intrinsic value, which is Nexa Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nexa Resources' market value can be influenced by many factors that don't directly affect Nexa Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nexa Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexa Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexa Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.