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Nexa boosts 2025 zinc reserves and extends mine lives in Peru and Brazil

Tipranks - Fri Mar 27, 8:16PM CDT

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Nexa Resources SA ( (NEXA) ) just unveiled an announcement.

Nexa Resources reported that its proven and probable mineral reserves rose 4.4% year over year to 115.1 million tonnes at the end of 2025, containing 4.047 million tonnes of zinc at an average grade of 3.52%. The increase was driven mainly by converting mineral resources to reserves through infill and extension drilling, alongside updated economic parameters reflecting higher metal prices.

Additions of 282,000 tonnes of contained zinc and net positive revisions of 60,000 tonnes offset most of the 373,000 tonnes depleted during 2025, resulting in a zinc reserve replacement ratio of about 92.4%. Key contributions came from the Vazante mine and the Cerro Pasco Complex, extending life-of-mine plans by up to two years at several operations, which underpins Nexa’s organic growth potential and strengthens mine longevity across its Peruvian and Brazilian asset base.

The most recent analyst rating on (NEXA) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Nexa Resources SA stock, see the NEXA Stock Forecast page.

Spark’s Take on NEXA Stock

According to Spark, TipRanks’ AI Analyst, NEXA is a Neutral.

The score is driven primarily by improving operating performance and constructive earnings-call catalysts, but held back by elevated leverage and uneven free cash flow/cash conversion. Valuation is attractive on P/E, while technicals are weak with the stock trading below key short-term moving averages.

To see Spark’s full report on NEXA stock, click here.

More about Nexa Resources SA

Nexa Resources S.A. is a Latin American mining company focused on zinc, with core operations and projects in Peru and Brazil. The company operates underground and open-pit mines such as Vazante, Cerro Lindo, El Porvenir, Atacocha, and Aripuanã, targeting long-life zinc production supported by near-mine and greenfield exploration programs.

Average Trading Volume: 784,192

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.33B

For a thorough assessment of NEXA stock, go to TipRanks’ Stock Analysis page.

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