Nexa Resources (TSE:NEXA) PT Lowered to C$15.00

Nexa Resources (TSE:NEXA) had its price target cut by National Bank Financial from C$16.25 to C$15.00 in a research report sent to investors on Monday, BayStreet.CA reports. They currently have an outperform rating on the stock.

Nexa Resources stock opened at C$10.73 on Monday. The company has a quick ratio of 1.59, a current ratio of 2.39 and a debt-to-equity ratio of 52.11. Nexa Resources has a 12-month low of C$9.40 and a 12-month high of C$17.81. The firm’s fifty day moving average is C$11.62 and its 200 day moving average is C$13.68. The company has a market capitalization of $1.38 billion and a PE ratio of 21.42.

Nexa Resources Company Profile

Nexa Resources SA, through its subsidiaries, engages in the zinc mining and smelting business. It also produces copper, lead, silver, and gold deposits. The company owns and operates five mines, including three located in the Central Andes of Peru; and two located in the state of Minas Gerais in Brazil.

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