Nexa Resources (NEXA), a leading zinc producer in Latin America, is rated a buy due to tight zinc supply, strong demand, and its integrated mine-smelter operations. The company posted a 32% EBITDA margin in Q1, helped by higher zinc and silver prices and operational gains at Cerro Lindo and Aripuana mines. A reduction in silver streaming at Cerro Lindo will unlock about $100 million annually in additional cash flow starting Q2, while production at Aripuana is increasing. NEXA trades at attractive valuations with a forward PE of 4.5x and a PB of 1.6x, supported by a reduced net leverage of 1.6x, indicating potential upside through early 2027.
Taiwan Semiconductor Manufacturing Company (TSMC) reported a 23.4% increase in second-quarter profit from the previous quarter, surpassing analyst estimates. The company's net income reached NT$706.56 billion ($39.45 billion), a record high for the f...
National Beverage faces stagnant growth as LaCroix volumes have declined for four straight years, reducing brand excitement. The stock trades at reasonable multiples reflecting muted growth and no clear catalysts for upside. Despite stable gross marg...
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
A bitcoin wallet that had been inactive since 2017 moved its entire holding of 5,908 BTC, now worth about $383 million, to a new, unidentified address. The coins were originally bought near bitcoin's 2017 peak at around $16,000 each and have gained r...
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
