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An announcement from Nexa Resources SA ( (NEXA) ) is now available.
Nexa Resources S.A. has completed the sale of its Chapi copper mine to Quilla Resources Peru S.A.C, a privately held Peruvian company focused on copper mining projects. This transaction marks Nexa’s strategic shift, possibly impacting its operations by concentrating on zinc production, while Quilla aims to revitalize the Chapi Mine, potentially affecting the copper mining landscape in Peru.
More about Nexa Resources SA
Nexa Resources S.A. is a large-scale, low-cost integrated zinc producer with over 65 years of experience in developing and operating mining and smelting assets in Latin America. It operates five long-life mines and three smelters across Peru and Brazil and was among the top five producers of mined and metallic zinc globally in 2023.
YTD Price Performance: 10.36%
Average Trading Volume: 32,988
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.04B
For an in-depth examination of NEXA stock, go to TipRanks’ Stock Analysis page.