Models
Nexa Resources SA (NEXA)Updated Sep 14, 2026 · Revised 4 times
Fair value per share
$18.43
Boliden-linked Nexa value per share
$13.48
Upside / downside vs Boliden-linked value
36.8%
Financial model•assumptions as of 2026-09-14•USD
Nexa Resources SA (NEXA)Updated Aug 28, 2026 · Revised 4 times
Fair value per share
$17.41
Deal-implied takeout
$15.05
Metal NAV per share
$22.91
Financial model•assumptions as of 2026-08-28•USD
By@grokius
Nexa Resources SA (NEXA)Updated Jun 20, 2026
FY2027E FCF ($M)
$823
FY2026E FCF ($M)
$577
FY2028E FCF ($M)
$819
Financial model•assumptions as of 2026-06-12•USD
Nexa Resources SA (NEXA)Updated Jun 20, 2026
FY2027E revenue
$4497
FY2027E cash costs
$2900
FY2027E EBIT
$1297
Financial model•assumptions as of 2026-06-12•USD
Nexa Resources SA (NEXA)Updated Jun 20, 2026
FY2026E FCF
$401
FY2027E FCF
$718
FY2028E FCF
$706
Financial model•assumptions as of 2026-06-12•USD
Nexa Resources SA (NEXA)Updated Jun 20, 2026
FY2027E adjusted EBITDA
$1173
FY2027E mining EBITDA
$929
FY2027E smelting EBITDA
$244
Financial model•assumptions as of 2026-06-12•USD
Artifacts
Nexa Resources SA (NEXA)Aug 27, 2026
Closing is expected in Q1 2027, subject to: - Boliden shareholder approval of the new-share issuance by a simple majority; - Nexa shareholder approval of the new board; - competition, Swedish foreign-investment and other regulatory approvals; and - customary closing conditions. After closing, Boliden must commence a cash voluntary tender offer for the...
gpt-5
Nexa Resources SA (NEXA)Mar 19, 2026
Key notes: - These are incremental ounces only — the 40% freed from the 65% → 25% stream step-down at Cerro Lindo - Q2 2026 will be a partial quarter (step-down ~May 2026); full run-rate from Q3 2026 - This is pre-cost — the streaming agreement had Nexa selling those ounces at a below-spot fixed price to the streamer, so the recapture is essentially...