Nexa Resources stock
NEXANYSENexa Resources S.A., Basic MaterialsISIN LU1701428291
55Score 55 out of 100, Neutral
Price and trend
49 / 100
Price history
+114% in one yearThe chart shows daily closes over 9 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 7.7% below it.
Since October 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 60).
The price is 28% below its 52-week high. Largest decline in 9 years: 87% (January 2018 to March 2020).
Chart figures for advanced users
- SMA 50$12.45
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$12.98
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)60
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$5.61
- The lowest closing price of the last twelve months.
- Resistance$16.72
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Nexa Resources S.A. belongs to the Industrial Materials industry (Luxembourg) and, with a market value of $1.59B, is number 27 of 44 companies in its industry on MEQIRI.
- For fiscal 2026, analysts expect on average revenue of $3.79B (up 26.6%) and adjusted earnings per share of $3.01 (up 258.4%).
- MEQIRI Score 55 out of 100 (Neutral): rank 268 of 467 in Basic Materials, median 58.
Show more
- The P/E is 10.9 (Industrial Materials median 19.1, own median of recent years 10.4).
- Our model puts fair value at $16.20, with the price 26% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings turn into cashFree cash flow 103% of earnings over the last 12 months.Fundamentals 62
Weaknesses
- Volatile share priceVolatility 74% a year over the last 12 months.Stability 32
- Interest barely coveredOperating profit covers interest only 2.2 times.Stability 32
- High debtDebt 1.29 times equity (latest quarter), Industrial Materials median 0.46.Stability 32
Its standout strength is valuation, while technical analysis and stability hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- high price swings
- cyclical sector (energy or materials), as a group, crashed more often in the backtest
- price up very strongly over the past year
Valuation
Valuation signal
Modestly undervaluedIn our model the price counts as cheap below $10.80 and expensive above $32.39 (uncertainty very high, based on the price swings of the past year).
The two parts of the fair value come to $11.44 (cash-flow model) and $20.95 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 12.3%. At 13.3% the fair value would be $15.57, at 11.3% it would be $16.99.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (19.1).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 28% on the twelve months before. Revenue has grown solidly since 2014, at about 3% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 18%, operating 14%, net 4%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 25 Feb 2027in 105 days
- Last reported
- 29 Oct 2026EPS reported −$0.47 (expected $0.61)below expectations
Analyst estimates
Analysts have raised their 2027 earnings estimate by 3.1% since 15 Oct 2026.
- Earnings per share
- $3.01+3.5%
- Revenue
- $3.79B+2.1%
- Earnings per share
- $3.48+3.1%
- Revenue
- $3.76B+2.9%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: −14.3%2026 guidance reaffirmed, including capital expenditure of $381 million.
“We reaffirm our total 2026 CapEx guidance of $381 million with disbursements weighted towards the back of the year as project execution intensifies, particularly for Cerro Pasco Phase 1.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 7 May 2026 (fiscal Q1 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases or sales in the last 6 months.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Nexa Resources
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
467 rated companies in Basic Materials
- This company
- 55
- Sector median
- 58
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Industrial Materials
The next larger and next smaller companies by market value
- Skeena ResourcesSKE $3.84B35
- Almonty IndustriesALM $2.32B38
- RHI MagnesitaRHIM.VI $1.77B66
- USA Rare EarthUSAR $1.62B33
- Eramet S.a.ERA.PA $1.22B29
- Vizsla SilverVZLA $1.15B31
- Americas Gold and SilverUSAS $1B41
- Compass Minerals InternationalCMP $968.92M42
ETFs that hold Nexa Resources
Held by 1 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| VanEck S&P Global Mining UCITS ETF A USDWMIN | 0.03% | 0.50% | €1.98B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 27 Mar 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.