Nexa Resources (TSE:NEXA) PT Lowered to C$15.00

Nexa Resources (TSE:NEXA) had its price target lowered by National Bank Financial from C$16.25 to C$15.00 in a report published on Monday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

NEXA opened at C$10.73 on Monday. The firm has a market cap of $1.38 billion and a P/E ratio of 21.42. The firm has a 50-day moving average of C$11.62 and a 200 day moving average of C$13.68. The company has a debt-to-equity ratio of 52.11, a quick ratio of 1.59 and a current ratio of 2.39. Nexa Resources has a fifty-two week low of C$9.40 and a fifty-two week high of C$17.81.

About Nexa Resources

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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