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Nexa Resources (NYSE:NEXA) Issues Earnings Results
['Sarita Garza']
Markets Daily
Nexa Resources (NYSE:NEXA – Get Free Report) issued its earnings results on Thursday.
Nexa Resources had a net margin of 6.44% and a return on equity of 16.32%.
Here are the key takeaways from Nexa Resources’ conference call:Get Nexa Resources alerts:Second-quarter financial performance strengthened: Adjusted EBITDA rose 78% year over year to $286 million, with a 31.5% margin, while net leverage declined to 1.4x from 2.28x a year earlier.
Nexa Resources Stock PerformanceShares of NYSE NEXA traded up $0.25 during trading on Thursday, reaching $14.30.
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