Nexa Resources (NEXA) shares rose 4% in Friday trading after the zinc producer said it met its consolidated mining output and cost guidance for 2025.

Zinc, copper, lead, and silver output all finished within their annual target ranges, the company said Friday in a regulatory filing.

Consolidated mining C1 cash costs came in 48% below the guidance range, driven by efficiency gains, disciplined cost management, and higher by-product credits, the company said. Consolidated run-of-mine costs increased only 1% from a year earlier.

Nexa expects a 6% increase in consolidated zinc production in 2026, with output forecast to climb an additional 8% in 2027.

Q4 and full-year financial results are due Feb. 26.

Price: 12.27, Change: +0.48, Percent Change: +4.03