Nexa Resources Gradually Restarts Peru’s Cajamarquilla Smelter After May Incident
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Nexa Resources SA ( (NEXA) ) has issued an announcement.
On May 29, 2026, Nexa Resources reported that operations at its Cajamarquilla zinc smelter in Peru are gradually resuming after an incident that occurred on May 13, 2026. Electrolysis lines are fully operational and one casting line is already producing zinc bars, with the remaining two casting lines scheduled to restart over the coming days and by mid-June.
The temporary disruption is expected to reduce Nexa’s refined zinc output by about 7kt in the second quarter of 2026, roughly 2% of its annual production, but this volume is anticipated to be recovered in the second half of the year and 2026 sales guidance remains unchanged. The company reiterated that it does not currently foresee a material financial impact from the incident, which is still under investigation, suggesting limited long-term operational or earnings consequences for stakeholders.
The most recent analyst rating on (NEXA) stock is a Hold with a $14.00 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 reflects a strong valuation (low P/E and very high dividend yield) and a supportive earnings-call outlook (guidance reaffirmed, deleveraging progress, expectation of stronger 2026 FCF). Offsetting these positives are only mid-range financial quality due to leverage and uneven cash conversion, plus technicals that look more neutral/sideways in the near term.
To see Spark’s full report on NEXA stock, click here.
More about Nexa Resources SA
Nexa Resources S.A. is a large-scale, low-cost integrated polymetallic miner and smelter focused primarily on zinc. The company operates five polymetallic mines in Peru and Brazil and three zinc smelters, including Cajamarquilla in Lima, Peru, the largest zinc smelter in the Americas, serving industrial and metals markets across Latin America and beyond.
Average Trading Volume: 1,167,755
Technical Sentiment Signal: Buy
Current Market Cap: $1.92B
Find detailed analytics on NEXA stock on TipRanks’ Stock Analysis page.
