Recent Updates — NEXA
Nexa Resources reported second quarter 2026 net income of US$98 million and adjusted EBITDA of US$286 million, a 78% year-over-year increase driven by higher zinc prices and operational normalization in Peru. Net leverage improved to 1.40x from 2.28x a year ago. The company announced a share premium reimbursement of US$0.132136 per share, payable on August 11, 2026, to shareholders of record as of July 28, 2026. Additionally, S&P placed Nexa's BBB- rating on CreditWatch with negative implications following discussions between Votorantim and Boliden regarding a potential acquisition of Votorantim's controlling stake in the company. Nexa Resources operates in the mining industry, producing zinc, copper, lead, silver, and gold.
Nexa Resources S.A. filed its unaudited condensed consolidated interim financial statements for the six-month period ended June 30, 2026. The company reported net revenues of $1,796.3 million and net income attributable to shareholders of $157.9 million, compared to $12.9 million in the prior year period. Basic earnings per share increased to $1.19 from $0.10. Operating cash flow improved significantly to $55.7 million from a negative $83.3 million previously. The company also announced a share premium reimbursement of USD 0.132136 per common share, approved on June 25, 2026, with payment scheduled for August 11, 2026, to shareholders of record as of July 28, 2026. Additionally, Nexa Resources operates large-scale polymetallic mines and smelters in Peru and Brazil.