2 days Ago By ABMN Staff
Shares of Nexa Resources S.A. ( NYSE:NEXA – Get Free Report ) saw unusually-high trading volume on Tuesday .
Approximately 33,211 shares were traded during trading, an increase of 5% from the previous session’s volume of 31,490 shares.The stock last traded at $8.86 and had previously closed at $8.
98. Wall Street Analyst Weigh In Several equities research analysts recently weighed in on the stock. Morgan Stanley upgraded shares of Nexa Resources from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $7.
50 to $7.80 in a research note on Thursday, December 12th. Scotiabank lowered their target price on Nexa Resources from $6.
00 to $5.75 and set a “sector underperform” rating for the company in a report on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company.
According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $7.31. Read Our Latest Stock Analysis on Nexa Resources Nexa Resources Stock Performance Institutional Inflows and Outflows A hedge fund recently raised its stake in Nexa Resources stock.
Renaissance Technologies LLC lifted its stake in shares of Nexa Resources S.A. ( NYSE:NEXA – Free Report ) by 3.
7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 341,792 shares of the company’s stock after purchasing an additional 12,092 shares during the quarter. Renaissance Technologies LLC owned about 0.
26% of Nexa Resources worth $2,611,000 at the end of the most recent reporting period. About Nexa Resources ( Get Free Report ) Nexa Resources SA, together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting.
It produces zinc, zamac, zinc oxide, and zincal, as well as by-products, such as copper, lead, silver, gold, copper sulfate, sulfuric acid, copper cementum, silver concentrate, slag aggregates, and cadmium/sponge deposits. Recommended Stories Receive News & Ratings for Nexa Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nexa Resources and related companies with MarketBeat.com's FREE daily email newsletter .
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