Nexa Resources (TSE:NEXA) had its target price dropped by analysts at National Bank Financial from C$15.00 to C$14.50 in a report issued on Thursday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price suggests a potential upside of 16.37% from the stock’s previous close.
TSE NEXA traded down C$0.09 during trading hours on Thursday, hitting C$12.46. The company’s stock had a trading volume of 1,300 shares, compared to its average volume of 2,105. The stock has a fifty day moving average of C$11.35 and a 200 day moving average of C$13.58. Nexa Resources has a twelve month low of C$9.40 and a twelve month high of C$17.81. The firm has a market capitalization of $1.68 billion and a P/E ratio of 24.87. The company has a quick ratio of 1.59, a current ratio of 2.39 and a debt-to-equity ratio of 52.11.
About Nexa Resources
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