Nexa Resources (TSE:NEXA) had its price target reduced by National Bank Financial from C$13.00 to C$7.00 in a research report report published on Monday, BayStreet.CA reports. They currently have a sector perform rating on the stock.
Shares of TSE NEXA opened at C$5.00 on Monday. The company has a debt-to-equity ratio of 61.23, a quick ratio of 1.34 and a current ratio of 1.97. The company has a market cap of $539.95 million and a PE ratio of -4.52. The business has a 50-day simple moving average of C$9.01 and a two-hundred day simple moving average of C$11.15. Nexa Resources has a fifty-two week low of C$3.99 and a fifty-two week high of C$17.05.
About Nexa Resources
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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