Nexa Resources falls sharply amid market weakness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: Coinmarketcap
Nexa Resources SA's stock price dropped significantly, crossing below its 5-day SMA, reflecting a challenging trading environment.
The decline in Nexa's stock is attributed to sector rotation, as the broader market, including the Nasdaq-100 and S&P 500, experienced losses of 0.17% and 0.30%, respectively. This shift indicates that investors are reallocating their portfolios away from mining stocks, impacting Nexa's performance negatively.
As the market continues to show weakness, Nexa may face further pressure unless there are positive developments in the mining sector or broader economic indicators.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy NEXA?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on NEXA
Wall Street analysts forecast NEXA stock price to fall
5 Analyst Rating
0 Buy
4 Hold
1 Sell
Hold
Current: 13.050
Low
5.00
Averages
6.80
High
10.00
Current: 13.050
Low
5.00
Averages
6.80
High
10.00
About NEXA
Nexa Resources SA, formerly VM Holding SA, is a Luxembourg-based company engaged in the mineral resources industry. The Company is a metals and mining entity mainly engaged in zinc content production, and whose product portfolio also includes copper, lead, silver, and gold. Its mining and smelting presence is located in Brazil, conducted by Votorantim Metais Zinco SA, and in Peru, conducted by Compania Minera Milpo SAA, and Votorantim Metais-Cajamarquilla SA. Its controlling shareholder is Votorantim SA, a Brazilian privately owned industrial conglomerate that holds ownership interests in metal, steel, cement, energy and pulp companies, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Sagil Capital Fully Exits Teekay Tankers Stake
- Stake Change: According to an SEC filing dated May 14, 2026, Sagil Capital LLP fully exited its position in Teekay Tankers (NYSE: TNK) by selling 373,640 shares, valued at approximately $25.01 million, indicating a potential loss of confidence in the company's future prospects.
- Quarterly Net Change: The net position change for the quarter, factoring in both trading and price movements, was a decrease of $19.96 million, reflecting a cautious sentiment among investors regarding Teekay Tankers' performance outlook.
- Company Financial Overview: As of May 13, 2026, Teekay Tankers' stock was priced at $77.57, representing a 76.8% increase over the past year, significantly outperforming the S&P 500 by 50.3 percentage points, showcasing its robust position in the marine transportation sector.
- Market Outlook Analysis: Teekay Tankers' profitability is closely tied to shipping rates, particularly for Suezmax and Aframax/LR2 vessels in the spot market; while the current market is strong, management must maintain discipline to navigate potential future fluctuations effectively.
See More
Key Highlights from Episode #442 of the Value Investor Podcast
- Classic Value Stock Screening: Zacks' classic value stock screen returned 11 stocks this week amidst a soaring market, indicating strong demand and confidence among value investors, particularly driven by a turnaround in energy earnings.
- Avnet's Strong Performance: Avnet's stock has surged 80% year-to-date, with earnings expected to grow by 48.8% this year and 42.6% next year, trading at a forward P/E of just 17 while offering a 1.6% dividend yield, highlighting its potential as a classic value stock.
- Nexa Resources' Robust Growth: Nexa Resources saw a 42% increase in net revenue in Q1 2026, driven by rising silver prices, with earnings projected to soar by 214% in 2026, trading at a forward P/E of 5.6, showcasing its deep value characteristics.
- Dow's Turnaround: Dow is expected to see a 352% increase in earnings in 2026, with a forward P/E of 14.7, despite a 38% year-to-date rise, it has fallen 13% in the last month, indicating its potential as a deep value stock amidst market volatility.
See More
NEXA Lending Enters Strategic Investment Agreement with Copper Ridge Ventures
- Strategic Investment Partnership: NEXA Lending's strategic investment and phased acquisition agreement with Copper Ridge Ventures aims to enhance mortgage origination, marketing, and back-office infrastructure through partnerships with proven owner-operators, which is expected to significantly strengthen NEXA's market position in the mortgage industry.
- Comprehensive Support Plan: NEXA will provide extensive support in key areas such as marketing, IT, and compliance to Copper Ridge Ventures, a move that will not only enhance CRV's operational efficiency but also provide stronger support for its partners and clients, driving long-term growth.
- Leadership Trust Relationship: The long-standing trust between NEXA executives and Tim Owens lays the groundwork for this collaboration, with NEXA's CEO Mike Kortas stating that this partnership will accelerate CRV's growth and improve operational efficiencies, further solidifying NEXA's market leadership.
- Industry Forward-Thinking: By investing in proven operators and strengthening its joint venture strategy, NEXA continues to position itself as the most forward-thinking and originator-focused platform in the mortgage industry, which is expected to bring new growth opportunities to the sector.
See More
Fire at Nexa Resources' Zinc Smelter in Peru Injures Workers
- Incident Overview: A fire broke out at Nexa Resources' Cajamarquilla zinc smelter in Peru on Wednesday, which has been brought under control, yet it resulted in several workers being injured, impacting the company's operational safety.
- Injury Details: The injured included one Nexa employee and three workers from contractor Hitachi, with three individuals taken for evaluation and treatment in stable condition, while another received on-site care, highlighting the company's commitment to worker safety.
- Emergency Response Actions: Nexa promptly evacuated workers from affected areas and activated emergency and safety protocols with support from local firefighters, demonstrating effective crisis management in response to the incident.
- Investigation and Future Plans: The cause of the fire is under investigation, and as Cajamarquilla is the largest zinc smelter in Latin America, Nexa has earmarked approximately $22 million for renovations at the site in 2026, indicating ongoing investment in future operations.
See More
Nexa Resources Stock Falls 0.3% as Estadao Reports Votorantim Nearing Sale of Controlling Stake
Stock Performance: Nexa Resources shares have decreased by 0.3%.
Corporate Action: Estadao reports that Brazilian conglomerate Votorantim is close to selling its controlling stake in Nexa Resources.
See More
Votorantim Nears Sale of Controlling Interest in Zinc Producer Nexa Resources for 7 Billion Reais, According to Estadao
Brazilian Conglomerate Vote: A Brazilian conglomerate is nearing a vote to sell its controlling stake in a zinc producer, Nexa Resources.
Financial Implications: The deal is reported to be valued at approximately $7 billion, highlighting significant financial movements in the mining sector.
See More
Sagil Capital Fully Exits Teekay Tankers Stake
- Stake Change: According to an SEC filing dated May 14, 2026, Sagil Capital LLP fully exited its position in Teekay Tankers (NYSE: TNK) by selling 373,640 shares, valued at approximately $25.01 million, indicating a potential loss of confidence in the company's future prospects.
- Quarterly Net Change: The net position change for the quarter, factoring in both trading and price movements, was a decrease of $19.96 million, reflecting a cautious sentiment among investors regarding Teekay Tankers' performance outlook.
- Company Financial Overview: As of May 13, 2026, Teekay Tankers' stock was priced at $77.57, representing a 76.8% increase over the past year, significantly outperforming the S&P 500 by 50.3 percentage points, showcasing its robust position in the marine transportation sector.
- Market Outlook Analysis: Teekay Tankers' profitability is closely tied to shipping rates, particularly for Suezmax and Aframax/LR2 vessels in the spot market; while the current market is strong, management must maintain discipline to navigate potential future fluctuations effectively.
See More
Key Highlights from Episode #442 of the Value Investor Podcast
- Classic Value Stock Screening: Zacks' classic value stock screen returned 11 stocks this week amidst a soaring market, indicating strong demand and confidence among value investors, particularly driven by a turnaround in energy earnings.
- Avnet's Strong Performance: Avnet's stock has surged 80% year-to-date, with earnings expected to grow by 48.8% this year and 42.6% next year, trading at a forward P/E of just 17 while offering a 1.6% dividend yield, highlighting its potential as a classic value stock.
- Nexa Resources' Robust Growth: Nexa Resources saw a 42% increase in net revenue in Q1 2026, driven by rising silver prices, with earnings projected to soar by 214% in 2026, trading at a forward P/E of 5.6, showcasing its deep value characteristics.
- Dow's Turnaround: Dow is expected to see a 352% increase in earnings in 2026, with a forward P/E of 14.7, despite a 38% year-to-date rise, it has fallen 13% in the last month, indicating its potential as a deep value stock amidst market volatility.
See More
NEXA Lending Enters Strategic Investment Agreement with Copper Ridge Ventures
- Strategic Investment Partnership: NEXA Lending's strategic investment and phased acquisition agreement with Copper Ridge Ventures aims to enhance mortgage origination, marketing, and back-office infrastructure through partnerships with proven owner-operators, which is expected to significantly strengthen NEXA's market position in the mortgage industry.
- Comprehensive Support Plan: NEXA will provide extensive support in key areas such as marketing, IT, and compliance to Copper Ridge Ventures, a move that will not only enhance CRV's operational efficiency but also provide stronger support for its partners and clients, driving long-term growth.
- Leadership Trust Relationship: The long-standing trust between NEXA executives and Tim Owens lays the groundwork for this collaboration, with NEXA's CEO Mike Kortas stating that this partnership will accelerate CRV's growth and improve operational efficiencies, further solidifying NEXA's market leadership.
- Industry Forward-Thinking: By investing in proven operators and strengthening its joint venture strategy, NEXA continues to position itself as the most forward-thinking and originator-focused platform in the mortgage industry, which is expected to bring new growth opportunities to the sector.
See More
Fire at Nexa Resources' Zinc Smelter in Peru Injures Workers
- Incident Overview: A fire broke out at Nexa Resources' Cajamarquilla zinc smelter in Peru on Wednesday, which has been brought under control, yet it resulted in several workers being injured, impacting the company's operational safety.
- Injury Details: The injured included one Nexa employee and three workers from contractor Hitachi, with three individuals taken for evaluation and treatment in stable condition, while another received on-site care, highlighting the company's commitment to worker safety.
- Emergency Response Actions: Nexa promptly evacuated workers from affected areas and activated emergency and safety protocols with support from local firefighters, demonstrating effective crisis management in response to the incident.
- Investigation and Future Plans: The cause of the fire is under investigation, and as Cajamarquilla is the largest zinc smelter in Latin America, Nexa has earmarked approximately $22 million for renovations at the site in 2026, indicating ongoing investment in future operations.
See More
Nexa Resources Stock Falls 0.3% as Estadao Reports Votorantim Nearing Sale of Controlling Stake
Stock Performance: Nexa Resources shares have decreased by 0.3%.
Corporate Action: Estadao reports that Brazilian conglomerate Votorantim is close to selling its controlling stake in Nexa Resources.
See More
Votorantim Nears Sale of Controlling Interest in Zinc Producer Nexa Resources for 7 Billion Reais, According to Estadao
Brazilian Conglomerate Vote: A Brazilian conglomerate is nearing a vote to sell its controlling stake in a zinc producer, Nexa Resources.
Financial Implications: The deal is reported to be valued at approximately $7 billion, highlighting significant financial movements in the mining sector.
See More
