Nexa Resources (TSE:NEXA) Price Target Lowered to C$14.50 at National Bank Financial
Nexa Resources (TSE:NEXA) had its target price reduced by National Bank Financial from C$15.00 to C$14.50 in a report released on Thursday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.
NEXA traded up C$0.23 during trading on Thursday, hitting C$12.79. The company’s stock had a trading volume of 800 shares, compared to its average volume of 2,102. The firm’s 50 day moving average price is C$11.35 and its two-hundred day moving average price is C$13.58. The company has a quick ratio of 1.59, a current ratio of 2.39 and a debt-to-equity ratio of 52.11. Nexa Resources has a 12 month low of C$9.40 and a 12 month high of C$17.81. The stock has a market capitalization of $1.68 billion and a price-to-earnings ratio of 25.63.
About Nexa Resources
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