NEXA : Nexa Resources S.A Stock Profile

Last Updated: 3/12/2024 0:47:16

Nexa Resources S.A trades with the ticker NEXA on the TSX and is in the Other Industrial Metals & Mining industry.

Overview
Nexa Resources S.A., through its subsidiaries, engages in the zinc mining and smelting business. It also produces zinc, silver, gold, copper, cement, sulfuric acid, lead, agricultural lime, and copper sulfate deposits. The company owns and operates five underground polymetallic mines, including three located in the Central Andes of Peru; and two located in the state of Minas Gerais in Brazil. It also develops the Aripuanã project located in Mato Grosso, Brazil. The company also exports its products. The company was formerly known as VM Holding S.A. and changed its name to Nexa Resources S.A. in September 2017. The company was founded in 1956 and is based in Luxembourg City, Luxembourg. Nexa Resources S.A. operates as a subsidiary of Votorantim S.A.
 

Looking to invest in Nexa Resources S.A? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

NEXA.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $1342.932MM

PE Ratio: 6.45

Price: 6.8 (Updated: 3/12/2024 0:47:16)



Nexa Resources S.A (NEXA) vs Competitors in Other Industrial Metals & Mining

Lets see how NEXA.TO stacks up against others in the Other Industrial Metals & Mining asset management industry. We have identified its main peers as:

Almonty Industries Inc, Altius Minerals Corporation, Aquila Resources Inc, Ascendant Resources Inc, Auryn Resources Inc

.

Other Industrial Metals & Mining Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Almonty Industries Inc (AII) $142.672 N/A -183.262 N/A%
Altius Minerals Corporation (ALS) $888.413 49.658 16.638 1.7%
Aquila Resources Inc (AQA) $28.861 N/A 0.0 0.0%
Ascendant Resources Inc (ASND) $12.396 0.75 3.873 N/A%
Auryn Resources Inc (AUG) $347.59 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Other Industrial Metals & Mining

  • Nexa Resources S.A (NEXA) vs Almonty Industries Inc (AII)
    • NEXA has higher EPS (1.572 vs -0.04). NEXA provides dividends, while AII does not. AII has a P/E under 0, indicating NEXA (P/E 6.45) is in a better position.
  • Nexa Resources S.A (NEXA) vs Altius Minerals Corporation (ALS)
    • NEXA has higher EPS (1.572 vs 0.38). NEXA has higher dividend yield (2.6% vs 1.7%). ALS has a higher P/E ratio (49.658 vs 6.45) indicating it’s more expensive.
  • Nexa Resources S.A (NEXA) vs Aquila Resources Inc (AQA)
    • NEXA has higher EPS (1.572 vs -0.024). NEXA has higher dividend yield (2.6% vs 0.0%). AQA has a P/E under 0, indicating NEXA (P/E 6.45) is in a better position.
  • Nexa Resources S.A (NEXA) vs Ascendant Resources Inc (ASND)
    • NEXA has higher EPS (1.572 vs 0.08). NEXA provides dividends, while ASND does not. NEXA has a higher P/E ratio (6.45 vs 0.75) indicating it’s more expensive.
  • Nexa Resources S.A (NEXA) vs Auryn Resources Inc (AUG)
    • NEXA has higher EPS (1.572 vs -0.185). NEXA has higher dividend yield (2.6% vs 0.0%). AUG has a P/E under 0, indicating NEXA (P/E 6.45) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (6.45) than the industry average (13.24), indicating potential undervaluation.
 

How to Buy NEXA stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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