Back to top

Image: Bigstock

Nexa Resources (NEXA) Catches Eye: Stock Jumps 7.7%

Read MoreHide Full Article

Nexa Resources S.A. (NEXA - Free Report) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 24.4% in the past one-month time frame.

The company has seen one positive estimate revision in the past month, while its Zacks Consensus Estimate for the current quarter has also moved higher in the same time frame, suggesting that more solid trading could be ahead for Nexa Resources. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Nexa Resources currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the Mining – Miscellaneous industry is BHP Group (BHP - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


BHP Group Limited Sponsored ADR (BHP) - free report >>

Nexa Resources S.A. (NEXA) - free report >>

Published in