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Nexa Resources (NEXA) Catches Eye: Stock Jumps 7.7%

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Zacks Equity Research
·2 min read
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Nexa Resources S.A. NEXA was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 24.4% in the past one-month time frame.

The company has seen one positive estimate revision in the past month, while its Zacks Consensus Estimate for the current quarter has also moved higher in the same time frame, suggesting that more solid trading could be ahead for Nexa Resources. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Nexa Resources currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Nexa Resources S.A. Price

Nexa Resources S.A. Price
Nexa Resources S.A. Price

Nexa Resources S.A. price | Nexa Resources S.A. Quote

A better-ranked stock in the Mining – Miscellaneous industry is BHP Group BHP, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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