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

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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