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Investors with an interest in Mining - Miscellaneous stocks have likely encountered both Nexa Resources S.A. (NEXA) and Wheaton Precious Metals Corp. (WPM).
NEXA inks deal to sell its Pukaqaqa greenfield project to improve cash flow and returns.
Nexa Resources S.A. (NYSE:NEXA ) Q2 2024 Earnings Conference Call August 2, 2024 9:00 AM ET Company Participants Rodrigo Cammarosano - Head, IR Ignacio Rosado - CEO Jose Carlos del Valle - CFO Conference Call Participants Lawson Winder - Bank of America Carlos de Alba - Morgan Stanley Camilla Border - Bradesco BBI Orest Wowkodaw - Scotiabank Operator Good morning, and welcome to Nexa Resources Second Quarter 2024 Conference Call.
Nexa Resources S.A. (NEXA) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.18 per share.
Adjusted EBITDA reached US$ 200 million, up by 64% quarter-over-quarter and 180% year-over-year, mainly due to higher sales volume, higher zinc prices, improved margins at Aripuanã and higher by-products contribution. Net revenues increased to US$ 736 million from US$ 627 million in 2Q23 and US$ 580 million in 1Q24, driven by higher LME metal prices in both cases, increased mining sales volume year-over-year, and increased smelting sales volume quarter-over-quarter.
Nexa Resources (NEXA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors with an interest in Mining - Miscellaneous stocks have likely encountered both Nexa Resources S.A. (NEXA) and Wheaton Precious Metals Corp. (WPM).
Nexa Resources (NEXA) sells its Morro Agudo Complex to optimize its portfolio.
LUXEMBOURG / ACCESSWIRE / July 1, 2024 / Nexa Resources S.A. ("Nexa Resources", "Nexa" or the "Company") (NYSE Symbol:NEXA) announces today that it has completed the previously announced sale (the "Transaction") of the Morro Agudo Complex situated in the state of Minas Gerais in Brazil to Casa Verde Holding Ltda ("Casa Verde").
Investors interested in stocks from the Mining - Miscellaneous sector have probably already heard of Nexa Resources S.A. (NEXA) and Wheaton Precious Metals Corp. (WPM).