NEXA vs. ASM

Last updated Apr 1, 2026

Compare and contrast key facts about Nexa Resources S.A. (NEXA) and Avino Silver & Gold Mines Ltd. (ASM).

Performance

NEXA vs. ASM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nexa Resources S.A. (NEXA) and Avino Silver & Gold Mines Ltd. (ASM). The values are adjusted to include any dividend payments, if applicable.

NEXA vs. ASM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NEXA Nexa Resources S.A.	19.66%	2.67%	23.25%	22.07%	-20.07%	-16.38%	28.63%	-28.32%	-37.43%	12.70%
ASM Avino Silver & Gold Mines Ltd.	1.77%	604.88%	68.13%	-22.95%	-21.01%	-33.77%	124.14%	-4.92%	-54.48%	1.52%

Fundamentals

Market Cap NEXA : $1.40B ASM : $1.04B
EPS NEXA : $1.00 ASM : $0.17
PE Ratio NEXA : 10.58 ASM : 37.39
PEG Ratio NEXA : 0.59 ASM : 0.11
PS Ratio NEXA : 0.47 ASM : 11.37
PB Ratio NEXA : 1.40 ASM : 4.45
Total Revenue (TTM) NEXA : $2.98B ASM : $88.12M
Gross Profit (TTM) NEXA : $588.13M ASM : $44.14M
EBITDA (TTM) NEXA : $938.99M ASM : $39.90M

Returns By Period

In the year-to-date period, NEXA achieves a 19.66% return, which is significantly higher than ASM's 1.77% return.

NEXA

• 1D: 7.19%
• 1M: -22.42%
• YTD: 19.66%
• 6M: 112.22%
• 1Y: 74.38%
• 3Y*: 19.85%
• 5Y*: 2.13%
• 10Y*: —

ASM

• 1D: 8.78%
• 1M: -34.30%
• YTD: 1.77%
• 6M: 20.38%
• 1Y: 243.48%
• 3Y*: 92.57%
• 5Y*: 37.41%
• 10Y*: 20.13%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NEXA vs. ASM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NEXA

NEXA Risk / Return Rank: 78
NEXA Sharpe Ratio Rank: 82
NEXA Sortino Ratio Rank: 78
NEXA Omega Ratio Rank: 78
NEXA Calmar Ratio Rank: 78
NEXA Martin Ratio Rank: 76

ASM

ASM Risk / Return Rank: 93
ASM Sharpe Ratio Rank: 96
ASM Sortino Ratio Rank: 92
ASM Omega Ratio Rank: 89
ASM Calmar Ratio Rank: 92
ASM Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NEXA vs. ASM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nexa Resources S.A. (NEXA) and Avino Silver & Gold Mines Ltd. (ASM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NEXA	ASM	Difference
Sharpe ratio Return per unit of total volatility	1.36	2.93	-1.57
Sortino ratio Return per unit of downside risk	1.98	3.03	-1.05
Omega ratio Gain probability vs. loss probability	1.26	1.38	-0.12
Calmar ratio Return relative to maximum drawdown	2.00	4.47	-2.47
Martin ratio Return relative to average drawdown	4.62	13.63	-9.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NEXA vs. ASM - Sharpe Ratio Comparison

The current NEXA Sharpe Ratio is 1.36, which is lower than the ASM Sharpe Ratio of 2.93. The chart below compares the historical Sharpe Ratios of NEXA and ASM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NEXA	ASM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	2.93	-1.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.04	0.58	-0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.29	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	0.09	-0.13

Correlation

The correlation between NEXA and ASM is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NEXA vs. ASM - Dividend Comparison

NEXA's dividend yield for the trailing twelve months is around 0.95%, while ASM has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
NEXA Nexa Resources S.A.	0.95%	1.14%	0.00%	2.64%	6.26%	3.36%	3.92%	6.46%	5.04%
ASM Avino Silver & Gold Mines Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

NEXA vs. ASM - Drawdown Comparison

The maximum NEXA drawdown since its inception was -85.01%, smaller than the maximum ASM drawdown of -94.10%. Use the drawdown chart below to compare losses from any high point for NEXA and ASM.

Drawdown Indicators

	NEXA	ASM	Difference
Max Drawdown Largest peak-to-trough decline	-85.01%	-94.10%	+9.09%
Max Drawdown (1Y) Largest decline over 1 year	-37.31%	-52.40%	+15.09%
Max Drawdown (5Y) Largest decline over 5 years	-62.86%	-70.08%	+7.22%
Max Drawdown (10Y) Largest decline over 10 years	—	-90.91%	—
Current Drawdown Current decline from peak	-33.63%	-43.77%	+10.14%
Average Drawdown Average peak-to-trough decline	-52.26%	-64.02%	+11.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.15%	17.20%	-1.05%

Volatility

NEXA vs. ASM - Volatility Comparison

The current volatility for Nexa Resources S.A. (NEXA) is 25.06%, while Avino Silver & Gold Mines Ltd. (ASM) has a volatility of 28.16%. This indicates that NEXA experiences smaller price fluctuations and is considered to be less risky than ASM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NEXA	ASM	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.06%	28.16%	-3.10%
Volatility (6M) Calculated over the trailing 6-month period	48.95%	67.30%	-18.35%
Volatility (1Y) Calculated over the trailing 1-year period	54.81%	83.71%	-28.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.69%	65.03%	-9.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.99%	70.32%	-11.33%

Financials

NEXA vs. ASM - Profitability Comparison

The chart below illustrates the profitability comparison between Nexa Resources S.A. and Avino Silver & Gold Mines Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NEXA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Nexa Resources S.A. reported a gross profit of 204.37M and revenue of 895.99M. Therefore, the gross margin over that period was 22.8%.

ASM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Avino Silver & Gold Mines Ltd. reported a gross profit of 13.45M and revenue of 26.44M. Therefore, the gross margin over that period was 50.9%.

NEXA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Nexa Resources S.A. reported an operating income of 197.81M and revenue of 895.99M, resulting in an operating margin of 22.1%.

ASM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Avino Silver & Gold Mines Ltd. reported an operating income of 9.80M and revenue of 26.44M, resulting in an operating margin of 37.1%.

NEXA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Nexa Resources S.A. reported a net income of 50.35M and revenue of 895.99M, resulting in a net margin of 5.6%.

ASM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Avino Silver & Gold Mines Ltd. reported a net income of 10.62M and revenue of 26.44M, resulting in a net margin of 40.2%.