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How to Buy Nexa Resources Sa Stock

Nexa Resources Sa

Nexa Resources Sa is a mining company located in Luxembourg, which is part of the Basic Materials sector, and is traded under the ticker NEXA on the NYSE exchange.

Nexa Resources Sa stock last closed at $7.39, up 1.65% from the previous day, and has increased 17.3% in one year. It has overperformed other stocks in the Other Industrial Metals & Mining industry by 0.44 percentage points. Nexa Resources Sa stock is currently +78.72% from its 52-week low of $4.14, and -3.02% from its 52-week high of $7.62.

There are currently 132.44M NEXA shares outstanding. The market cap of NEXA is $978.72M. In the past 24 hours, 23,553 NEXA shares were traded.

How to Buy Nexa Resources Sa Stock

Not sure how to invest in Nexa Resources Sa stock? Here's how.
  1. Choose where to buy Nexa Resources Sa stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Nexa Resources Sa stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Pick your payment method and add your information.
  4. Evaluate Nexa Resources Sa stock: The Nexa Resources Sa ticker symbol is NEXA. Is Nexa Resources Sa stock a good investment? Should you buy shares of NEXA? How do NEXA's underlying business fundamentals look? Do top analysts think Nexa Resources Sa is a good buy? Why has NEXA's stock price moved recently? (Hint: Our stock market research website can help you evaluate if NEXA is a good stock to buy).
  5. Place your NEXA purchase: Decide if you will purchase NEXA shares at the current market price or use a limit order to purchase NEXA shares at a given price.
  6. Watch your NEXA position: Create a watchlist to keep track of your position in Nexa Resources Sa shares.

Step 1: Choose where to buy Nexa Resources Sa stock

You need an online brokerage account to access the NYSE market and buy NEXA shares.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked the right brokerage, the next step is to fill out some personal details so you can buy NEXA stock today.

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Step 3: Deposit money your investment account

Now that you've filled out your info on one of the best stock trading apps, you need to deposit funds:

Check out the video below for more details depositing funds into your new investment account.

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Step 4: Evaluate Nexa Resources Sa stock

Once you have selected the best place to buy Nexa Resources Sa stock, it's important to research their stock before you invest, so you can wrap your head around the risk and opportunity.

Nexa Resources Sa shares at a glance

NEXA Price
$7.39
1w %
3.79%
1y %
17.3%
5y %
-39.33%
P/E
-3.39x
P/B
0.81x
P/S
0.38x
PEG
N/A
Revenue
$2.57B
Earnings
-$289.35M
Fore. Rev. Growth
0.42%
Fore. Earn. Growth
N/A
Market Cap
$978.72M
Next Earnings
May 3, 2024
Next Dividend
N/A

Nexa Resources Sa Zen Score

WallStreetZen was created to help average investors do more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on NEXA's stock page.

How is NEXA stock valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NEXA's intrinsic value.

Using relative valuations metrics:

  • NEXA may be undervalued based on its P/B ratio of 0.81x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.17x

You can do additional valuation analysis on NEXA's stock here.

Is NEXA a healthy company?

Pros:

  • NEXA's operating cash flow of $416.61M allows it to safely service it's debt of $1.73B.

Cons:

  • Total NEXA debt is higher than 5 years ago, relative to shareholder equity.
  • NEXA profit margin has gone down from 1.6% to -11.2% in the past year.
  • There are more long-term liabilities than short-term assets on the NEXA balance sheet.
  • There are more short-term liabilities than short-term assets on the NEXA balance sheet.
  • NEXA has a relatively high debt to equity ratio of 2.82.
  • NEXA earnings of -$89.44M is not enough to cover its interest payments.

Is Nexa Resources Sa stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 3 sell side analysts who give forecasts on NEXA, the consensus analyst rating on Nexa Resources Sa is a Hold

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Nexa Resources Sa stock forecast page.

NEXA Momentum

SMA10
7.24
SMA20
7.27
SMA50
7.11
SMA100
6.89
SMA200
6.25
MACD
0.04
MACD Signal
0.04
MACD Histogram
0
RSI
59.1
Stochastic %K
68.97
Stochastic %D
65.55
StochRSI %K
70.29
StochRSI %D
64.38

How are NEXA Revenues/Earnings doing?

Last year, NEXA revenue was $2.57B. Over the past five year, NEXA's revenue has increased by 0.65% per year. This was slower than the Other Industrial Metals & Mining industry average of 4.9%.

You can research NEXA's earnings and revenue performance here.

What are NEXA executives and large shareholders up to?

Over the past 12 months, executives and large shareholders at NEXA have not bought or sold any shares.

Dig into more about who owns NEXA shares here.

Does NEXA provide a stable income stream?

Nexa Resources Sa dividend payments have not consistently grown over the past 6 years and have not remained stable.

Find more analysis about Nexa Resources Sa dividend yield and history here.

What others are saying about NEXA

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Step 5: Place your NEXA purchase

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price, place a limit order.

Press the Open Trade button and eToro will place the order.

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Step 6: Watch your NEXA position

Now that you own some NEXA stock, you'll want to stay up-to-date on your stock purchase.

Put NEXA on a watchlist to keep tabs on your NEXA stock.

NEXA Feed

How to Buy Stock in Nexa Resources Sa

To summarize, here are the 6 steps you need to take to buy Nexa Resources Sa stock right now:

  1. Choose where to buy Nexa Resources Sa stock
  2. Sign up for a brokerage account
  3. Deposit money your investment account
  4. Evaluate Nexa Resources Sa stock
  5. Place your NEXA purchase
  6. Watch your NEXA position

If you are looking for a online brokerage, eToro is our favorite option.

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If you want to track your investment in Nexa Resources Sa, get started below.

NYSE: NEXA
$7.39+0.12 (+1.65%)
Updated Apr 24, 2024
Open eToro Account
NYSE: NEXA
$7.39+0.12 (+1.65%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Nexa Resources Sa share?

As of Apr 24, 2024, it costs $7.39 to buy one share of Nexa Resources Sa stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.406 shares of NEXA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Nexa Resources Sa stock?

According to 3 Wall Street analysts who monitor Nexa Resources Sa, their consensus recommendation is to hold Nexa Resources Sa stock.

What is the best way to buy Nexa Resources Sa stock?

One way to place an order for Nexa Resources Sa stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.