Core Viewpoint - The market anticipates Nexa Resources S.A. (NEXA) to report a significant year-over-year increase in earnings driven by higher revenues for the quarter ending December 2024, with actual results being crucial for stock price movement [1][3]. Earnings Expectations - Nexa Resources is expected to post quarterly earnings of $0.35 per share, reflecting a year-over-year change of +3600%, with revenues projected at $699.9 million, an increase of 11.1% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly altered their initial projections during this period [4]. Earnings Whisper and ESP - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Nexa is lower than the consensus estimate, resulting in an Earnings ESP of -11.43%, indicating a bearish outlook from analysts [10]. Zacks Rank - Despite the negative Earnings ESP, Nexa Resources holds a Zacks Rank of 2 (Buy), complicating the prediction of whether the company will beat the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Nexa was expected to earn $0.08 per share but only achieved $0.02, resulting in a surprise of -75%. Over the past four quarters, the company has only beaten consensus EPS estimates once [12][13]. Conclusion - While Nexa Resources may not be a strong candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [16].

Core Insights - The article emphasizes the importance of the Zacks Rank system, which focuses on earnings estimates and revisions to identify strong stocks [1] - Value investing is highlighted as a favored strategy that seeks to find undervalued companies in the market [2] - Zacks has developed a Style Scores system to identify stocks with specific traits, particularly in the Value category [3] Company Analysis: Nexa Resources (NEXA) - Nexa Resources currently has a Zacks Rank of 2 (Buy) and an A for Value, indicating strong potential [4] - The stock's Forward P/E ratio is 5.68, significantly lower than the industry average of 13.32, suggesting it may be undervalued [4] - NEXA's Forward P/E has fluctuated between 41.29 and -113.19 over the past year, with a median of 12.59 [4] - The company has a PEG ratio of 0.34, which is lower than the industry average of 0.73, further indicating potential undervaluation [5] - NEXA's PEG ratio has ranged from 0.42 to 0.11 in the past year, with a median of 0.25 [5] - Overall, the metrics suggest that Nexa Resources is likely undervalued and stands out as one of the strongest value stocks in the market [6]

Core Viewpoint - Nexa Resources reported its fourth quarter and full year exploration results for 2024, highlighting a focus on near-mine expansion, brownfield and infill drilling, and promising greenfield projects [2][3]. Exploration and Drilling Results - Cumulative drilling at the end of Q4 2024 totaled 229,148 meters, consisting of 63,779 meters of exploration drilling and 165,369 meters of mining infill drilling. Exploration drilling fell approximately 8% short of the annual target due to operational challenges and heavy rainfall [3][5]. - In Q4 2024, exploration drilling amounted to 19,121 meters, with 12,910 meters in Peru, 4,937 meters in Brazil, and 1,273 meters in Namibia. This included 7,204 meters for early-stage greenfield projects in Brazil and Peru [3][5]. - For Q1 2025, exploration drilling plans include 7,050 meters in Peru and 6,310 meters in Brazil, totaling 13,360 meters [3]. Achievements and Future Plans - In 2024, the company achieved 92% of its planned drilling activities, completing 63,779 meters out of a target of 69,200 meters. The brownfield exploration programs progressed well, focusing on expanding the portfolio and extending the life of mines [5]. - Significant mineralization was confirmed at various targets, including Orebodies 8B and 8C at Cerro Lindo, the Massaranduba target at Aripuanã, and the Lumiadeira and Sucuri targets at Vazante. Exploration at the Pasco complex also confirmed the expansion of the mineralized zone at the Integración target [5]. - A total of 82,340 meters of drilling is planned for 2025, with 62% allocated to Peru [5]. Company Profile - Nexa is a large-scale, low-cost integrated zinc producer with over 65 years of experience in mining and smelting in Latin America. The company operates five long-life mines and three smelters, with significant production capabilities [6][7]. - In 2024, Nexa was among the top five producers of mined zinc globally and one of the top five metallic zinc producers worldwide, according to Wood Mackenzie [8].

Group 1 - Nexa Resources S.A. (NEXA) has experienced a downtrend with a stock decline of 5.7% over the past four weeks, indicating significant selling pressure [1] - The stock is currently in oversold territory, with an RSI reading of 28.96, suggesting that the heavy selling may be exhausting itself and a potential bounce back could occur [5][6] - Wall Street analysts have raised earnings estimates for NEXA by 9% over the last 30 days, indicating a positive outlook for the company's earnings and potential price appreciation [6] Group 2 - NEXA holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [7]

Core Viewpoint - Nexa Resources has successfully achieved its 2024 production and cost guidance, with copper production exceeding expectations and a detailed outlook provided for 2025-2027 [1][2]. Production and Sales - Consolidated mining production guidance was met, with zinc, lead, and silver production aligning with annual targets, while copper production reached 36kt, surpassing the upper guidance range [2][4]. - Zinc production totaled 327kt, with Cerro Lindo, El Porvenir, Vazante, and Aripuanã mines achieving their respective production targets [2][4]. - Metal sales reached 591kt, driven by increased production at Cajamarquilla and Juiz de Fora smelters, supported by operational stability and enhanced logistics [5][6]. - Zinc metal sales were 557kt, while zinc oxide sales totaled 35kt, reflecting reduced demand in the pneumatic segment [6][7]. Cost Management - Consolidated run-of-mine mining costs were successfully managed, with cash costs reduced by 65% in October 2024, attributed to operational efficiencies and effective cost management [2][12]. - Smelting conversion costs and cash costs were achieved due to lower operational costs and higher throughput at Cajamarquilla [12][40]. - CAPEX and other operating expenses were significantly below the revised guidance, highlighting the company's commitment to financial discipline [2][3]. Future Guidance (2025-2027) - Zinc production is projected to slightly increase in 2025, with further growth expected in 2026 and 2027, primarily from Aripuanã and El Porvenir [22][24]. - Copper production is anticipated to decline by 10% in 2025, with a slight recovery expected in 2027 [22][28]. - Lead and silver production are forecasted to decrease slightly in 2025, with expectations of stability in subsequent years [22][26]. - Total metal sales are expected to decrease by 3% in 2025, with a projected increase in 2026 [23][30]. Financial Overview - For 2025, CAPEX guidance is set at US$347 million, with a significant portion allocated to sustaining investments [44][45]. - Exploration investments are planned at US$70 million, focusing on mineral exploration and project evaluation [51][52]. - The company aims to enhance operational efficiency through technology investments and community support initiatives [53][54].

Core Viewpoint - The article emphasizes the importance of value investing and highlights Nexa Resources (NEXA) as a strong investment opportunity based on its financial metrics and rankings [1][2][6]. Company Metrics - Nexa Resources (NEXA) has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating it is a high-quality value stock [3]. - The stock has a P/E ratio of 7.18, significantly lower than the industry average of 13.40, suggesting it may be undervalued [3]. - NEXA's Forward P/E has fluctuated between 41.29 and -113.19 over the past year, with a median of 13.02 [3]. Growth and Valuation Ratios - NEXA holds a PEG ratio of 0.34, which is lower than the industry average of 0.70, indicating strong earnings growth potential relative to its valuation [4]. - The PEG ratio for NEXA has ranged from 0.42 to 0.11 in the past year, with a median of 0.25 [4]. Cash Flow Analysis - The company has a P/CF ratio of 7.44, which is attractive compared to the industry average of 27.66, suggesting it is undervalued based on cash flow [5]. - NEXA's P/CF has varied from 182.78 to 6.82 over the past year, with a median of 31.92 [5]. Overall Assessment - The combination of these metrics indicates that Nexa Resources is likely undervalued and presents an impressive value investment opportunity at the moment [6].

Core Viewpoint - Nexa Resources has adopted a new dividend policy effective January 1, 2025, aimed at distributing annual dividends based on various financial factors [1][2]. Dividend Policy Details - The new policy targets an annual dividend of up to 20% of free cash flow pre-events, with a minimum payment of US$0.08 per common share [3]. - Free cash flow pre-events is defined as free cash flow before accounting for significant, non-recurring, or extraordinary events [3]. - The annual dividend amount will be influenced by factors such as cash balance, free cash flow, leverage, capital investment programs, expected future cash flows, market volatility, and strategic planning [2][3]. Company Overview - Nexa Resources is a large-scale, low-cost integrated zinc producer with over 65 years of experience in mining and smelting in Latin America [5]. - The company operates five long-life mines and three smelters, with significant operations in Peru and Brazil [5]. - In 2024, Nexa was among the top five producers of mined zinc globally and one of the top five metallic zinc producers worldwide [6].

Shares of Nexa Resources (NEXA) hit a new 52-week high of $8.95 on Friday, before closing slightly lower at $8.75.The NEXA stock has gained 16.2% over the past three months against the miscellaneous mining industry's 16.1% decline and compared with the S&P 500’s 5.2% rise. Meanwhile, the Basic Materials sector has moved down 13.9%.NEXA’s share price performance reflects its upbeat third-quarter fiscal 2024 results, and ongoing efforts to optimize portfolio and improve cash flow and returns.NEXA Stock’s Thre ...

Nexa Resources S.A. (NEXA) has sold its stake in Minera Pampa de Cobre S.A.C., transferring its rights and interests in the Chapi copper mine to Quilla Resources Peru S.A.C. This move aligns with NEXA’s ongoing portfolio optimization strategy to improve its free cash flow and returns by focusing on its productive mines.  Nexa Resources had ceased operations on the Chapi mine in 2013 and had placed it under care and maintenance. The mine had been a financial burden for NEXA due to ongoing maintenance costs. ...

Transaction Details - Nexa Resources has completed the sale of 100% of the shares of Minera Pampa de Cobre S A C, the owner of the Chapi copper mine, to Quilla Resources Peru S A C [5] - The transaction involved the transfer of all shares, rights, titles, and interests in Chapi to Quilla [2] About Nexa Resources - Nexa is a large-scale, low-cost integrated zinc producer with over 65 years of experience in developing and operating mining and smelting assets in Latin America [7] - The company owns and operates five long-life mines, three in Peru and two in Brazil, as well as three smelters, including the largest smelter in the Americas located in Lima [7] - Nexa was among the top five producers of mined zinc globally and one of the top five metallic zinc producers worldwide in 2023 [8] About Quilla Resources - Quilla Resources Peru S A C is a privately held Peruvian company focused on acquiring and operating copper-focused mining projects in Peru and the wider region [6] - Quilla intends to restart the Chapi Mine and conduct exploration on the property [6]