NEXA Nexa Resources S.A. — QuoTrend

Analyst Ratings

Date	Action	Analyst	Rating	Target
Jan-26-26	Reiterated	Scotiabank	Sector Perform	$10 → $15
Dec-15-25	Reiterated	Morgan Stanley	Underweight	$5.00 → $7.70
Nov-03-25	Reiterated	Scotiabank	Sector Perform	$5.50 → $7.00
Oct-14-25	Upgrade	Scotiabank	Sector Underperform → Sector Perform	$4.00 → $5.50
Aug-05-25	Reiterated	Scotiabank	Sector Underperform	$6.00 → $4.00
Jul-15-25	Downgrade	Morgan Stanley	Equal Weight → Underweight
Oct-29-24	Reiterated	Bank of America Securities		$8.00
May-03-24	Reiterated	BMO Capital	Market Perform	$6.50 → $7.00
Apr-09-24	Reiterated	Scotiabank	Sector Underperform	$6.00
Nov-02-23	Downgrade	Scotiabank	Sector Perform → Sector Underperform

Financial Statements

DataTimeframe

Line Item (USD, M)		TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023	FY 2022 12/31/2022	FY 2021 12/31/2021	FY 2020 12/31/2020	FY 2019 12/31/2019	FY 2018 12/31/2018
Total Revenue		3,244	2,994	2,766	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A		2,511	2,459	2,228
Gross Profit		734	535	538
Selling, General and Administrative Excl. Other		147	142	120
Research and Development		0	0	0
Other Operating Expense		31	-17	142
Operating Income		557	410	276
Interest Expense		276	275	211
Unusual Expense		—	—	—
Non-Operating Income (Expense)		-182	-197	12
Net Income Before Taxes		478	332	-72
Income Taxes		165	109	116
Consolidated Net Income		209	133	-205
Net Income From Continuing Operations		312	223	-187
Net Income		209	133	-205
EPS (Recurring)		1.58	1.00	-1.55
EPS (Basic, Before Extraordinaries)		1.58	1.00	-1.55
EPS (Diluted)		1.58	1.00	-1.55
EBITDA		1,085	963	609
Other After Tax Adjustments		—	—	—
Stock Option Compensation Expense		—	—	—
Price To Earnings Ratio		9.01	8.85	—
Price To Sales Ratio		0.58	0.39	—
Gross Margin		22.63	17.87	19.45
Operating Margin		17.17	13.69	9.98
Net Margin		6.44	4.44	-7.41
Shares Outstanding		132	132	132
Market Capitalization		1,880	1,168	—
Operating Lease Expense		—	—	—