Nexa Resources (TSE:NEXA) PT Raised to C$17.00 at National Bank Financial

Nexa Resources (TSE:NEXA) had its target price upped by National Bank Financial from C$14.50 to C$17.00 in a research note published on Monday morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

NEXA stock opened at C$13.79 on Monday. The company has a quick ratio of 1.59, a current ratio of 2.39 and a debt-to-equity ratio of 52.11. The company has a market capitalization of $1.83 billion and a price-to-earnings ratio of 27.52. Nexa Resources has a 12 month low of C$9.40 and a 12 month high of C$17.81. The firm has a 50 day moving average of C$12.72 and a two-hundred day moving average of C$13.04.

Nexa Resources Company Profile

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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