Nexa Resources (NYSE:NEXA) Sets New 12-Month High - Time to Buy?

Market Beat
2026.05.06 21:36
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Nexa Resources (NYSE:NEXA) reached a new 52-week high of $16.79, closing at $16.4790 with a trading volume of 272,328 shares. Analysts have mixed ratings, with Morgan Stanley upgrading to 'equal weight' and Zacks downgrading to 'hold'. The company reported $0.67 EPS, matching estimates, and announced a special dividend of $0.1321 payable on August 11. Nexa, focused on zinc and copper mining, has a market cap of $2.21 billion and a PE ratio of 16.71. Hedge funds have increased their stakes in the company recently.