Latest update
$14.72
Updated: Jun 17, 2026, 1:47 PM UTC
Browsing public data
Nexa Resources S.A. is a Luxembourg-based company engaged in zinc mining and smelting, operating five polymetallic mines across Peru and Brazil, alongside three zinc smelters. The company produces metallic zinc, zamac, gold, and various by-products like sulfuric acid and silver concentrate.
Revenue
The total dollars the company billed customers. When this number grows quarter after quarter, the business is finding more demand.
Latest
↓$888.3M
Q1 2026
The most recent reported figure, in the company's own currency and reporting cadence.
QoQ
→-1.6%
vs Q4 2025
How much this quarter grew compared to last quarter. Useful for spotting acceleration or slowdown in real time.
YoY
↑+41.7%
vs Q1 2025
How much this quarter grew compared to the same quarter one year ago. Strips out seasonality — a slow holiday quarter looks worse QoQ but normal YoY.
CAGR
•—
insufficient history
The smooth yearly growth rate that gets you from the starting value to the current value. A 100% CAGR over 3 years means the business tripled, on average, each year.
Net income
What's left from revenue after paying every cost — employees, materials, taxes, interest. Sometimes called profit or 'the bottom line.'
Latest
↑$89.3M
Q1 2026
The most recent reported figure, in the company's own currency and reporting cadence.
QoQ
↑+77.4%
vs Q4 2025
How much this quarter grew compared to last quarter. Useful for spotting acceleration or slowdown in real time.
YoY
↑+653.7%
vs Q1 2025
How much this quarter grew compared to the same quarter one year ago. Strips out seasonality — a slow holiday quarter looks worse QoQ but normal YoY.
CAGR
•—
insufficient history
The smooth yearly growth rate that gets you from the starting value to the current value. A 100% CAGR over 3 years means the business tripled, on average, each year.
Free cash flow
The cash actually left in the bank after the company has paid for everything and reinvested in itself. Harder to fake than net income.
Latest
↓-$127.3M
Q1 2026
The most recent reported figure, in the company's own currency and reporting cadence.
QoQ
↓-181.9%
vs Q4 2025
How much this quarter grew compared to last quarter. Useful for spotting acceleration or slowdown in real time.
YoY
•—
vs Q1 2025
How much this quarter grew compared to the same quarter one year ago. Strips out seasonality — a slow holiday quarter looks worse QoQ but normal YoY.
CAGR
•—
insufficient history
The smooth yearly growth rate that gets you from the starting value to the current value. A 100% CAGR over 3 years means the business tripled, on average, each year.
| Metric | 3 yr | 2 yr | 1 yr |
|---|---|---|---|
| Revenue | — | — | +41.7% $627.1M→$888.3M |
| Net income | — | — | +654.7% $11.8M→$89.3M |
| Free cash flow | — | — | — |
P/E TTM
↑9.3×
Trailing twelve months. Today's price divided by the last year of actual earnings.
P/E NTM
↑5.6×
Next twelve months. Today's price divided by what analysts expect the company to earn over the coming year.
Profitability
↑Strong
Operating margin (and the wider return profile) tells you how efficiently each dollar of sales becomes profit. High and rising = pricing power; low or falling = the business is grinding.
Share count
→Stable
Are the buybacks outrunning the stock-based comp? A shrinking share count means every existing share owns a bigger slice of future earnings.
Debt load
↓Heavy
Total debt against cash and earnings power (EBITDA). Light debt leaves room to invest and weather downturns; heavy debt shrinks the margin for error.
Debt service
↑Strong
Whether the cash the business generates easily covers its interest and loan payments. Strong here = no forced selling in a bad year.
Cash return at today's price
↑13.0%
Free cash flow divided by market cap — the cash yield you're getting for the price you pay. Above ~6% is rich, below ~3% is thin. P/E shown when the yield is too small to be useful.
Nexa's stock has demonstrated robust appreciation and remains in a healthy uptrend. However, the price has recently run up, extending beyond its short-term averages. While the fundamentals and overall trend are constructive, waiting for a minor consolidation or a closer approach to major support levels would offer a more prudent entry point this week. The long-term upside remains intact, but tactical patience is advised.
Short-term thesis
Nexa Resources S.A. presents a compelling case as a strong operator in the zinc mining and smelting sector, evidenced by excellent profitability and an appealing valuation. Despite these attractive features, the company's heavy debt load and recent negative free cash flow warrant close monitoring. The stock is currently in an accumulation phase, suggesting upside potential, but tactical patience for a better entry is advised.
Long-term exposure
Avoid
The business or valuation backdrop is not ready for long-term conviction.
Entry window
Wait
Nexa has shown strong price performance over the past five days and the longer term, recently pulling back from an extended level. While the overall trend is positive, waiting for a clearer entry will manage risk.
Risk check
Fragile
The downside can widen quickly if this setup goes wrong.
Alignment
Mixed
Neither horizon fully wins, so size and patience matter.
What supports it
What limits it
Long-term thesis
Increasing global demand for base metals, particularly zinc, driven by industrial growth, infrastructure development, and the energy transition.
Bottleneck Role
Nexa operates as a key supplier in the essential base metals value chain, specifically for zinc. While not a unique bottleneck in the purest sense (zinc is widely produced), their established mining and smelting operations in resource-rich regions (Peru, Brazil) position them to capitalize on demand as a significant, integrated producer.
Consensus Blind Spot
The market might be underestimating the sustained demand for zinc in the context of global infrastructure build-out and the increasing electrification trend, which relies on base metals. Additionally, Nexa's ability to maintain strong operating margins despite commodity price volatility could be overlooked, suggesting more resilient profitability than typical cyclical miners.
Demand Gap
The ongoing shift towards renewable energy technologies, electric vehicles, and urban infrastructure development creates a persistent, long-term demand for base metals like zinc as critical components. Supply constraints from environmental regulations, aging mines, and geopolitical risks could further widen this demand-supply gap.
Demand to Equity Scenarios
Accelerated global infrastructure spending and green energy transition.
Demand
+15%
Earnings
+25%
Equity implication
+40%
Higher zinc prices and increased sales volume, optimizing existing capacity.
Steady global industrial growth with moderate urbanization.
Demand
+7%
Earnings
+10%
Equity implication
+15%
Stable zinc prices and consistent production, maintaining current profitability.
Global economic slowdown and commodity price contraction.
Demand
-5%
Earnings
-15%
Equity implication
-25%
Lower zinc prices and reduced demand, impacting revenue and margins.
Dependency Chain
Repricing Triggers
Must be true
Thesis broken if
Jun 17, 2026
LatestUpdated Jun 17, 2026, 1:47 PM UTC
Price at review
$14.72
Nexa has shown strong price performance over the past five days and the longer term, recently pulling back from an extended level. While the overall trend is positive, waiting for a clearer entry will manage risk.