|Bid||0.0000 x 40000|
|Ask||0.0000 x 28000|
|Day's Range||4.1900 - 4.2700|
|52 Week Range||1.9100 - 4.6900|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||5.94|
|Forward Dividend & Yield||0.16 (3.78%)|
|1y Target Est||N/A|
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Brazilian steelmaker Cia Siderurgica Nacional (CSN) said a spillage in the steelworks of its Volta Redonda plant affected at least 20 employees on Wednesday and stopped production in the affected area. A spokesman for the company said the rest of the plant in the state of Rio de Janeiro was still working and the affected area would resume operations later on Wednesday. Analysts at Itaú BBA said in a note to clients that the incident was a slightly negative for CSN shares.
Companhia Siderurgica Nacional's (SID) top line records growth in Q1, backed by improvement in the performance of mining operations and steel seasonality.
Brazilian steelmaker Companhia Siderurgica Nacional said on Thursday it is still in talks for a $500 million iron ore streaming deal and is close to reaching an agreement to sell its German unit. In a conference call with analysts, Chief Executive Benjamin Steinbruch said he is pushing for the right price to sell the German unit, which is key to hitting a debt reduction target by the end of the year. Steinbrunch also pledged better results in the next quarter, after CSN announced late on Wednesday that quarterly profit plunged to 87 million reais ($22 million), from 1.5 billion reais a year earlier.
Brazilian steelmaker Companhia Siderurgica Nacional on Wednesday reported a net profit of 87 million reais ($22.2 million) in the first quarter, sharply down from its profit of 1.5 billion reais in the same period a year earlier. CSN's sales of processed steel fell by 8 percent to 1.2 million tonnes, while its sales of iron ore grew by 19 percent to 7.4 million tonnes.
Rating Action: Moody's upgrades CSN's ratings to B2; stable outlook. Global Credit Research- 29 Apr 2019. New York, April 29, 2019-- Moody's Investors Service upgraded to B2 from B3 the ratings assigned ...
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After emerging from one of the most difficult periods in its history, 2019 is shaping up to be a bumper year for Brazilian steelmaker Companhia Siderurgica Nacional, chief executive Benjamin Steinbruch ...
Moody's Investors Service ("Moody's") assigned a B3 rating to the $750 million proposed senior unsecured notes due up to 7 years to be issued by CSN Resources S.A. and unconditionally guaranteed by Companhia Siderurgica Nacional (CSN) (B3 stable). The proposed issuance is part of CSN's liability management strategy and proceeds will be used to fund a tender offer of $750 million for CSN's notes maturing in 2019 and 2020.
Stocks in Brazil received a modest boost on Thursday from corporate earnings and with pension reforms in focus but losses in the energy and material sector capped gains, while Latin American currencies weakened against a steady U.S. dollar. Shares on the Bovespa index in Sao Paulo recovered from an over 1 percent drop in the previous session as market participants were still trying to understand the detailed text of pension reforms presented to Congress on Wednesday. In earnings, Brazilian steelmaker Companhia Siderurgica Nacional was the biggest gainer after it posted stellar numbers for the fourth quarter by benefiting from higher international prices amid a trade spat between the United States and China.
BRASILIA/SAO PAULO, Feb 13 (Reuters) - Brazilian steelmaker Cia Siderurgica Nacional (CSN) and port company Porto Sudeste have lodged complaints against miner Vale SA's proposed acquisition of rival Ferrous Resources Ltd, antitrust regulator Cade said on Wednesday. Vale's plan to buy Ferrous from controlling shareholder Icahn Enterprises LP in a $550 million deal was announced in December. Vale is also facing unprecedented scrutiny in Brazil following the collapse of a mining dam in the town of Brumadinho last month that likely killed hundreds in a deadly mud flow.
Global trader Glencore is close to finalising a deal to make a $500 million payment to the mining arm of Brazil's Companhia Siderurgica Nacional (CSN) for iron ore cargoes to be delivered over five years, sources familiar with the matter said. One source said Glencore would sign the deal no later than the first quarter. The Brazilian steelmaker is aiming to reduce debts that piled up after an iron ore and steel price rout in 2015-2016 and a severe recession in Brazil, prompting investors to demand asset sales.
Several gurus are focusing on stocks whose Peter Lynch fair values are far above their current prices, according to the GuruFocus All-in-One Screener. Warning! GuruFocus has detected 3 Warning Signs with CZZ. The Peter Lynch value gives the stock a fair price of $11.08, which suggests it is undervalued with a 18% margin of safety.
The Brazilian real firmed for a second day on Wednesday, aided by a central bank move to improve market liquidity, and the Mexican peso also edged higher, rebounding from recent declines. The real gained ...
The dampening effect of the U.S. economy could be reflected in dollar performance, giving emerging economies space to shrug off huge debts that are denominated in dollar.