# Nexa Resources NAV Fair But Boliden Deal Caps Upside

> Nexa Resources trades below fair value but Boliden's acquisition caps upside for investors.
- Title: Nexa Resources NAV Fair But Boliden Deal Caps Upside
- Summary: Nexa Resources trades below fair value but Boliden's acquisition caps upside for investors. Nexa Resources shares trade at $12.65, 2% below implied tender…
- Keywords: nexa resources, boliden, zinc production, share price, acquisition terms, tender value, money, business, Nexa, Resources, NAV, Fair
- Source: Seekingalpha — https://seekingalpha.com/article/4954769-nexa-resources-the-nav-is-fair-but-boliden-deal-caps-the-upside
- Author: Sidharth Kumar
- Published: 2026-10-16T13:52:41+00:00
- Read time: 1 min
- Topics: nexa resources, boliden, zinc production, share price, acquisition terms, tender value, money, business
## Nexa Resources
Nexa Resources is one of the world's five largest zinc producers.
## Boliden Acquisition
Boliden agreed to acquire 64.68% of Nexa Resources at a fixed 0.25 share ratio.
## Current Share Price
Nexa trades at $12.65, 2% below implied tender value with upside capped by Boliden's acquisition terms.
## Standalone NAV
Standalone NAV is $14.25/share on consensus, but the takeover removes open-ended re-rating potential.
## Key takeaway

Nexa Resources shares trade at $12.65, 2% below implied tender value, with upside capped by Boliden's 64.68% stake acquisition.