In a report released on May 7, Sam Crittenden from RBC Capital maintained a Hold rating on Nexa Resources SA (NEXA – Research Report), with a price target of $8.00. The company’s shares closed yesterday at $7.37.
According to TipRanks, Crittenden is a 5-star analyst with an average return of 24.6% and a 63.37% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as Lundin Mining, Capstone Copper, and First Quantum Minerals.
Currently, the analyst consensus on Nexa Resources SA is a Moderate Sell with an average price target of $7.00.
The company has a one-year high of $7.62 and a one-year low of $4.14. Currently, Nexa Resources SA has an average volume of 34.95K.
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Nexa Resources SA (NEXA) Company Description:
Nexa Resources SA engages in the production of zinc in Latin America. It operates through the Mining and Smelting segments. The Mining segment comprises of mines located in Peru and Brazil, which includes mineral exploration activities and the production of zinc, copper, and lead concentrates. The Smelting segment consists of facilities that recover and produce metallic zinc, zinc oxide, and by-products. The company was founded on February 26, 2014 and is headquartered in Sao Paulo, Brazil.
