Nexa Resources SA Gets a Buy Rating from Credit Suisse


Credit Suisse analyst Anita Soni maintained a Buy rating on Nexa Resources SA (NYSE: NEXA) on May 4 and set a price target of $23. The company’s shares closed on Friday at $17.22.

According to TipRanks.com, Soni is ranked 0 out of 5 stars with an average return of -3.5% and a 40.5% success rate. Soni covers the Basic Materials sector, focusing on stocks such as Eldorado Gold Corp, Franco Nev Corp, and Agnico Eagle.

Nexa Resources SA has an analyst consensus of Strong Buy, with a price target consensus of $24.38.

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The company has a one-year high of $21.61 and a one-year low of $15.27. Currently, Nexa Resources SA has an average volume of 284.9K.

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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 concentrates, copper concentrates and lead concentrates.

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