▼ -28.39% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for Nexa Resources in the last 3 months. The average price target is $7.72, with a high forecast of $11.00 and a low forecast of $3.10. The average price target represents a -28.39% upside from the last price of $10.78.
The current consensus among 8 contributing investment analysts is to hold stock in Nexa Resources. This Hold consensus rating has held steady for over two years.
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. is a subsidiary of Votorantim S.A.