
Nexa Resources (NEXA) Stock Forecast & Price Target
Nexa Resources (NEXA) Analyst Ratings
Bulls say
Nexa Resources SA has demonstrated a significant positive shift in its financial health, with an improved net debt to T12 EBITDA ratio of 2.2x, indicating better leverage management. The operational performance at the Aripuanã mine has notably enhanced, evidenced by a record high zinc production of 10.4kt, alleviating previous concerns regarding this asset. Additionally, the company's cash costs outperformed forecasts, with projected free cash flow showing a positive trend, forecasting growth from a negative position to $248 million by 2027.
Bears say
Nexa Resources SA is facing a negative financial outlook due to deteriorating net debt to T12 EBITDA ratio, which stands at 2.3x, indicating increased leverage. Furthermore, the company's adjusted EPS loss of ($0.03) fell significantly short of both estimates and consensus expectations, underscoring operational challenges. Additionally, the anticipated EBITDA for 2025-2027 has been revised downwards by an average of 4% per annum, reflecting persistent weaknesses in zinc output and a weak cash flow profile amidst ongoing ramp-up challenges at its Aripuana project.
This aggregate rating is based on analysts' research of Nexa Resources and is not a guaranteed prediction by Public.com or investment advice.
Nexa Resources (NEXA) Analyst Forecast & Price Prediction
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