Published on 27 May 2023 on Simply Wall St. via Yahoo Finance
Further weakness as Nexa Resources (NYSE:NEXA) drops 6.8% this week, taking five-year losses to 60%
We think intelligent long term investing is the way to go. But no-one is immune from buying too high. For example the Nexa Resources S.A. (NYSE:NEXA) share price dropped 67% over five years. That's not a lot of fun for true believers. And it's not just long term holders hurting, because the stock is down 44% in the last year. More recently, the share price has dropped a further 15% in a month.
If the past week is anything to go by, investor sentiment for Nexa Resources isn't positive, so let's see if there's a mismatch between fundamentals and the share price.
View our latest analysis for Nexa Resources