14,341 Shares in Nexa Resources S.A. (NYSE:NEXA) Purchased by Virtu Financial LLC

Virtu Financial LLC bought a new stake in shares of Nexa Resources S.A. (NYSE:NEXA) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 14,341 shares of the company’s stock, valued at approximately $126,000.

Nexa Resources Price Performance

Shares of NYSE:NEXA opened at $6.15 on Monday. Nexa Resources S.A. has a 12 month low of $5.04 and a 12 month high of $9.61. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.13 and a quick ratio of 0.76. The stock’s 50 day moving average price is $5.72 and its 200 day moving average price is $6.92. The stock has a market cap of $813.84 million, a price-to-earnings ratio of -3.99 and a beta of 1.50.

Nexa Resources (NYSE:NEXA) last announced its earnings results on Thursday, February 20th. The company reported ($1.00) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($1.20). The firm had revenue of $740.92 million for the quarter, compared to analyst estimates of $731.81 million. Nexa Resources had a negative net margin of 7.37% and a negative return on equity of 8.49%. Equities research analysts anticipate that Nexa Resources S.A. will post 1.03 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Bank of America reduced their price objective on Nexa Resources from $8.00 to $6.50 and set an “underperform” rating for the company in a research report on Monday, March 10th. Morgan Stanley raised Nexa Resources from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $7.50 to $7.80 in a research note on Thursday, December 12th. Finally, Scotiabank lowered their price target on Nexa Resources from $7.00 to $5.00 and set a “sector underperform” rating on the stock in a report on Friday, February 7th.

Nexa Resources Company Profile

Nexa Resources SA, together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces zinc, zamac, zinc oxide, and zincal, as well as by-products, such as copper, lead, silver, gold, copper sulfate, sulfuric acid, copper cementum, silver concentrate, slag aggregates, and cadmium/sponge deposits.