NEXA Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
Nexa Resources SA (NEXA) is not a strong buy at this moment for a beginner investor with a long-term horizon. While the stock has potential upside in the next month, the lack of strong technical signals, weak financial performance in the latest quarter, and neutral trading sentiment suggest waiting for a more favorable entry point.
The MACD is negatively expanding (-0.344), indicating bearish momentum. RSI is at 29.13, which is neutral and does not suggest oversold conditions. Moving averages are converging, showing no clear trend. Support is at 11.509, and resistance is at 12.448. The current pre-market price of $11.21 is close to the support level.
Scotiabank raised the price target from $10 to $14.50, citing higher gold and silver prices as tailwinds for copper miners. Gross margin increased by 8.53% YoY in Q3 2025, indicating some operational improvements.
Net income dropped by -1445.89% YoY, and EPS fell by -1400.00% YoY in Q3 2025, reflecting severe financial underperformance. No significant hedge fund or insider trading activity. MACD and RSI do not indicate bullish momentum.
In Q3 2025, revenue increased by 7.62% YoY to $763.5M, but net income dropped significantly to $69.34M (-1445.89% YoY). EPS also fell to 0.52 (-1400.00% YoY). Gross margin improved to 19.33% (+8.53% YoY), but overall profitability remains a concern.
Scotiabank maintains a Sector Perform rating and raised the price target to $14.50 from $10, citing higher gold and silver prices as tailwinds for copper miners. However, the rating remains neutral, indicating limited enthusiasm.
