Nexa Resources SA (NEXA) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Nexa Resources S.A. has sold its Pukaqaqa Project to Olympic Precious Metals Ltd. for $4.3 million, with additional contingent payments of $25 million based on future milestones. The deal includes staggered payments and is part of Nexa’s strategy to optimize its portfolio and improve cash flow. The transaction is anticipated to close by December 2024, following the satisfaction of customary conditions.
For further insights into NEXA stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue