Nexa Resources SA (NYSE:NEXA)
$ 7.79 0.2 (2.64%) Market Cap: 1.03 Bil Enterprise Value: 2.41 Bil PE Ratio: 0 PB Ratio: 1.03 GF Score: 70/100

Q3 2021 Nexa Resources SA Earnings Call Transcript

Oct 29, 2021 / 02:00PM GMT
Release Date Price: $8.45 (-8.85%)
Operator

Good morning, and welcome to the Nexa Resources Third Quarter 2021 Conference Call. (Operator Instructions) Presenters on this call are Mr. Tito Martins, CEO of Nexa Resources; Mr. Rodrigo Menck, CFO of Nexa Resources; and Mr. Roberta Varella, Head of Investor Relations. Please also note this event is being recorded.

I would now like to turn the conference over to Mr. Tito Martins. Please go ahead.

Tito Botelho Martins
Nexa Resources S.A. - CEO & Chairman of Executive Board

Thank you. Good morning, and good afternoon, everyone. Welcome to Nexa's earnings conference call, and thank you for taking the time. Today, we will be talking about our results for the third quarter of 2021. Please, let's move now to Slide 3, where we will begin our presentation. I will start by briefly make some comments about our results. In the third quarter of '21, we have continued to benefit from favorable base metal prices. Our adjusted EBITDA was $155 million, up 141% year-over-year. Note that adjusted EBITDA in the quarter was affected by silver streaming and by the

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