5 Small-Cap Mining Stocks Hedge Funds Are Avoiding

3. Nexa Resources S.A. (NYSE:NEXA)

Hedge Fund Investors In Q4 2022: 4

Nexa Resources S.A. (NYSE:NEXA) is a zinc mining and smelting company headquartered in Luxembourg City, Luxembourg. The firm produces zinc and its compounds, alongside other metals such as gold and silver. Its facilities are primarily located in regions of Brazil and Peru.

Four of the 943 hedge funds part of Insider Monkey’s database had bought Nexa Resources S.A. (NYSE:NEXA)’s shares in Q4 2022. Jim Simons’ Renaissance Technologies is the firm’s largest shareholder since it owns 370,234 shares that are worth $2.2 million.

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