Nexa Resources: The Overlooked Zinc Giant Is Undervalued
Nexa Resources S.A. is currently rated as a buy with a price target of $20, indicating significant upside potential. The company has shown strong operational improvements, with a notable increase in adjusted EBITDA and a successful turnaround in its mining segment. Key factors contributing to its valuation include the ramp-up of the Aripuanã mine and a commitment to reducing gross debt.
- ▪Nexa Resources is rated a buy with a price target of $20, suggesting a 35% upside from its current price of $14.85.
- ▪The company's trading valuation is at 3.2x forward EV/EBITDA, which is significantly lower than its peers.
- ▪In Q1 2026, Nexa's adjusted EBITDA doubled year-over-year, and its mining segment achieved a 50% margin.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://seekingalpha.com/"},{"@type":"ListItem","position":2,"name":"Basic Materials","item":"https://seekingalpha.com/stock-ideas/basic-materials"}]}{"@context":"https://schema.org","@type":"NewsArticle","mainEntityOfPage":{"@type":"WebPage","@id":"https://seekingalpha.com/article/4906028-nexa-resources-the-overlooked-zinc-giant-is-undervalued"},"author":{"@type":"Person","name":"Forward Analytics","url":"https://seekingalpha.com/author/forward-analytics"},"publisher":{"@context":"http://schema.org","@type":"Organization","address":{"@type":"PostalAddress","streetAddress":"244 5th Ave","addressLocality":"New…
Excerpt limited to ~120 words for fair-use compliance. The full article is at All Articles on Seeking Alpha.
Discussion
0 commentsMore from All Articles on Seeking Alpha
