Press coverage about Nexa Resources (NYSE:NEXA) has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Nexa Resources earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.9383847439256 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

Nexa Resources (NYSE:NEXA) traded down $0.16 during mid-day trading on Friday, reaching $17.25. 153,029 shares of the company traded hands, compared to its average volume of 634,331. Nexa Resources has a 1-year low of $15.27 and a 1-year high of $18.65.

NEXA has been the topic of several analyst reports. J P Morgan Chase & Co initiated coverage on shares of Nexa Resources in a research note on Tuesday, November 21st. They issued an “overweight” rating and a $23.00 price objective on the stock. Citigroup initiated coverage on shares of Nexa Resources in a research note on Tuesday, November 21st. They issued a “buy” rating and a $19.00 price objective on the stock. Morgan Stanley initiated coverage on shares of Nexa Resources in a research note on Tuesday, November 21st. They issued an “overweight” rating and a $18.60 price objective on the stock. Credit Suisse Group initiated coverage on shares of Nexa Resources in a research note on Tuesday. They issued an “outperform” rating and a $23.00 price objective on the stock. Finally, BMO Capital Markets initiated coverage on shares of Nexa Resources in a research note on Tuesday, November 21st. They issued an “outperform” rating and a $24.00 price objective on the stock. Five equities research analysts have rated the stock with a buy rating, Nexa Resources presently has a consensus rating of “Buy” and an average price target of $21.52.

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Nexa Resources Company Profile

Nexa Resources SA, formerly VM Holding SA, is a Luxembourg-based company engaged in the mineral resources industry. The Company is a metals and mining entity mainly engaged in zinc content production, and whose product portfolio also includes copper, lead, silver and gold. Its mining and smelting presence is located in Brazil, conducted by Votorantim Metais Zinco SA, and in Peru, conducted by Compania Minera Milpo SAA, and Votorantim Metais-Cajamarquilla SA.

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