Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY) Shares Gap Up – Here’s What Happened

Posted by Trevor Kearing on Sep 11th, 2026

Shares of Usinas Siderurgicas de Minas Gerais SA (OTCMKTS:USNZY – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $1.46, but opened at $1.58. Usinas Siderurgicas de Minas Gerais shares last traded at $1.46, with a volume of 14,417 shares.

Usinas Siderurgicas de Minas Gerais Price Performance

The company has a current ratio of 4.44, a quick ratio of 2.87 and a debt-to-equity ratio of 0.26. The business’s fifty day moving average is $1.48 and its 200 day moving average is $1.55. The company has a market cap of $843.64 million, a P/E ratio of -4.53, a PEG ratio of 0.14 and a beta of 1.47.

Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The basic materials company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.04. Usinas Siderurgicas de Minas Gerais had a positive return on equity of 5.49% and a negative net margin of 8.87%.The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.20 billion. As a group, sell-side analysts anticipate that Usinas Siderurgicas de Minas Gerais SA will post 0.28 EPS for the current year.

Usinas Siderurgicas de Minas Gerais Company Profile

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Usinas Siderúrgicas de Minas Gerais SA (OTCMKTS: USNZY), widely known as Usiminas, is one of Brazil’s leading integrated steel producers. The company operates across the full steel value chain, from iron ore mining to the manufacture and distribution of flat steel products. Its portfolio includes hot- and cold-rolled coils, coated sheets, tin plates, plates and tubular products, which serve a broad array of end markets such as construction, automotive, packaging, machinery and energy.

Founded in the mid-1950s through a partnership between Brazilian and international investors, Usiminas is headquartered in Belo Horizonte and maintains its principal steelmaking facilities in Ipatinga, Minas Gerais, as well as secondary operations in Cubatão (São Paulo) and Santa Cruz.