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Companhia Siderúrgica Nacional ( (SID) ) just unveiled an update.
On August 5, 2025, Companhia Siderúrgica Nacional announced the sale of 36,235,837 common shares and 472,200 preferred shares of Usinas Siderúrgicas de Minas Gerais S.A. (Usiminas), reducing its stake in Usiminas to 4.99% of both common and preferred shares. This strategic move may impact CSN’s financial positioning and influence its market strategy, as the company plans to keep stakeholders informed of any further developments.
The most recent analyst rating on (SID) stock is a Sell with a $2.20 price target. To see the full list of analyst forecasts on Companhia Siderúrgica Nacional stock, see the SID Stock Forecast page.
Spark’s Take on SID Stock
According to Spark, TipRanks’ AI Analyst, SID is a Neutral.
Companhia Siderúrgica Nacional faces significant financial and technical challenges, with high leverage and negative net income impacting its financial health. However, operational improvements and a high dividend yield offer some positive aspects. While the earnings call provided a boost with strategic progress and debt reduction, the overall outlook remains cautious due to bearish technical signals and ongoing profitability issues.
To see Spark’s full report on SID stock, click here.
More about Companhia Siderúrgica Nacional
Companhia Siderúrgica Nacional (CSN) is a major player in the steel industry, primarily engaged in the production and sale of steel products. The company is headquartered in São Paulo, Brazil, and focuses on serving both domestic and international markets.
Average Trading Volume: 3,536,329
Technical Sentiment Signal: Sell
Current Market Cap: $1.73B
See more data about SID stock on TipRanks’ Stock Analysis page.