--- title: "Nexa Resources (NYSE:NEXA) Sets New 12-Month High - Time to Buy?" type: "News" locale: "en" url: "https://longbridge.com/en/news/285445158.md" description: "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." datetime: "2026-05-06T21:36:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285445158.md) - [en](https://longbridge.com/en/news/285445158.md) - [zh-HK](https://longbridge.com/zh-HK/news/285445158.md) --- # Nexa Resources (NYSE:NEXA) Sets New 12-Month High - Time to Buy? Nexa Resources S.A. (NYSE:NEXA - Get Free Report)'s share price reached a new 52-week high on Wednesday . The stock traded as high as $16.79 and last traded at $16.4790, with a volume of 272328 shares changing hands. The stock had previously closed at $15.99. Get **Nexa Resources** alerts: ## Wall Street Analyst Weigh In Several analysts have weighed in on NEXA shares. Morgan Stanley raised Nexa Resources from an "underweight" rating to an "equal weight" rating in a research report on Thursday, April 9th. Weiss Ratings restated a "hold (c)" rating on shares of Nexa Resources in a report on Wednesday, April 22nd. Zacks Research cut shares of Nexa Resources from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 31st. JPMorgan Chase & Co. boosted their target price on shares of Nexa Resources from $7.00 to $7.50 and gave the company a "neutral" rating in a report on Thursday, February 26th. Finally, Citigroup boosted their target price on shares of Nexa Resources from $11.00 to $12.50 and gave the company a "neutral" rating in a report on Tuesday, April 14th. Seven research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $9.74. **Read Our Latest Research Report on NEXA** ## Nexa Resources Price Performance The company has a current ratio of 0.87, a quick ratio of 0.58 and a debt-to-equity ratio of 1.28. The company has a market cap of $2.21 billion, a PE ratio of 16.71, a P/E/G ratio of 0.27 and a beta of 0.90. The firm has a 50 day moving average of $12.17 and a two-hundred day moving average of $9.98. Nexa Resources (NYSE:NEXA - Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share for the quarter, hitting the consensus estimate of $0.67. Nexa Resources had a return on equity of 11.81% and a net margin of 4.42%. Research analysts predict that Nexa Resources S.A. will post 2.08 earnings per share for the current fiscal year. ## Nexa Resources Announces Dividend The company also recently declared a special dividend, which will be paid on Tuesday, August 11th. Investors of record on Tuesday, July 28th will be paid a $0.1321 dividend. The ex-dividend date is Tuesday, July 28th. Nexa Resources's payout ratio is presently 10.00%. ## Hedge Funds Weigh In On Nexa Resources A number of hedge funds have recently bought and sold shares of the company. Sagil Capital LLP bought a new position in Nexa Resources in the 4th quarter worth about $11,651,000. Marshall Wace LLP bought a new position in Nexa Resources in the 4th quarter valued at approximately $8,653,000. Dimensional Fund Advisors LP lifted its position in Nexa Resources by 19.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 878,227 shares of the company's stock valued at $7,774,000 after acquiring an additional 146,051 shares in the last quarter. Renaissance Technologies LLC lifted its position in Nexa Resources by 120.8% in the 4th quarter. Renaissance Technologies LLC now owns 852,800 shares of the company's stock valued at $7,547,000 after acquiring an additional 466,500 shares in the last quarter. Finally, Pictet Asset Management Holding SA bought a new position in Nexa Resources in the 1st quarter valued at approximately $7,572,000. ## Nexa Resources Company Profile (Get Free Report) Nexa Resources SA is a Brazil-based metals and mining company with a primary focus on zinc and copper. Listed on the New York Stock Exchange under the ticker NEXA, the firm develops, extracts and processes mineral resources for industrial applications worldwide. Headquartered in São Paulo, Brazil, Nexa is a leading participant in Latin America’s mining sector with a diversified portfolio of upstream and downstream operations. The company’s operations span multiple mining and smelting complexes in Brazil’s Minas Gerais and Mato Grosso regions, as well as in Peru’s coastal and Andean zones. ## Featured Articles - Five stocks we like better than Nexa Resources _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Nexa Resources Right Now? Before you consider Nexa Resources, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nexa Resources wasn't on the list. While Nexa Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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