Looking for Sentiment Analysis? Discover the most popular stocks on Reddit by using our Sentiment Tracker
Market Cap 741.55M P/E 5.55 EPS this Y -77.20% Ern Qtrly Grth -
Income 56.8M Forward P/E 3.87 EPS next Y 269.20% 50D Avg Chg -2.00%
Sales 2.85B PEG - EPS past 5Y - 200D Avg Chg -1.00%
Dividend 4.00% Price/Book 0.51 EPS next 5Y - 52W High Chg -28.00%
Recommedations 2.20 Quick Ratio 0.84 Shares Outstanding 104.04M 52W Low Chg 27.00%
Insider Own 4.86% ROA 3.70% Shares Float 88.29M Beta 1.52
Inst Own 72.26% ROE 3.90% Shares Shorted/Prior 3.49M/3.55M Price 7.16
Gross Margin 11.04% Profit Margin 1.99% Avg. Volume 685,561 Target Price 14.50
Oper. Margin -8.61% Earnings Date Jun 22 Volume 380,336 Change -4.91%
About Algoma Steel Group Inc.

Algoma Steel Group Inc. produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.

Algoma Steel Group Inc. News
03/26/24 Algoma Steel Inc. Announces Pricing of US$350 Million 9.125% Senior Secured Second Lien Notes due 2029
03/25/24 CORRECTION: Dividend Payment Date Adjustment Due to Canadian Statutory Holiday
03/25/24 Algoma Steel Provides Fiscal Fourth Quarter 2024 Guidance
03/25/24 Algoma Steel Inc. Announces Proposed Offering of US$350 Million of Senior Secured Second Lien Notes due 2029
02/26/24 Algoma Steel Group to Participate in the BMO 33rd Global Metals, Mining & Critical Minerals Conference
02/14/24 Algoma Resumes Normal Steel Production
02/09/24 Algoma Addresses Casthouse Incident
02/08/24 Algoma Steel Group Inc. (NASDAQ:ASTL) Q3 2024 Earnings Call Transcript
02/06/24 Algoma Steel Group Reports Fiscal Third Quarter 2024 Financial Results
01/29/24 Algoma Steel to Announce Fiscal 2024 Third Quarter Results February 6, 2024
01/23/24 Algoma Steel Provides Update on Incident at Coke-Making Plant
01/20/24 Algoma Steel Reports Incident at Coke-Making Plant
05:30 PM Algoma Steel Provides Fiscal Third Quarter 2024 Guidance
12/21/23 Algoma Steel Group Announces Director Retirement
12/20/23 Algoma Steel Group Inc.'s (NASDAQ:ASTL) high institutional ownership speaks for itself as stock continues to impress, up 11% over last week
11/23/23 Algoma Steel Announces Retirement of Vice President - Sales
11/02/23 Algoma Steel Group Reports Fiscal Second Quarter 2024 Financial Results
10/23/23 Algoma Steel to Announce Fiscal 2024 Second Quarter Results November 2, 2023
10/23/23 Algoma Steel Group (NASDAQ:ASTL) Will Be Hoping To Turn Its Returns On Capital Around
10/02/23 Algoma Steel Announces Extension of Iron Ore Contract with U. S. Steel to Support Transition to Electric Arc Steelmaking
ASTL Chatroom

User Image TickerDD_com Posted - 04/23/24

From 4/10/2024, looking back across 22 Month-Ends for ASTL, Percentage Change of Average Monthly Price had More Positives (55%) while Percentage Change of Average Monthly Volume had All Positives (100%) $ASTL #ASTL #ASTLStock #TickerDD https://www.youtube.com/watch?v=9HaM_G7MoQQ

User Image LongHoldEverything Posted - 04/17/24

$ASTL

User Image MK10 Posted - 04/17/24

$ASTL lol:) I must be on data overload! There is no earning today:/ We have fallen below the 200 dma. Shouldn't have much farther to fall, if any. Happy hump day;)

User Image MK10 Posted - 04/16/24

$ASTL The share price fell below the 200 dma today. With earnings in the morning, maybe we go below $7:)

User Image MK10 Posted - 04/15/24

$ASTL Earnings on Wednesday before the market opens:)

User Image LongHoldEverything Posted - 04/14/24

$ASTL

User Image MK10 Posted - 04/12/24

$ASTL The share price is sitting right on the 200 dma. Let's see if it can go lower. Now that would make for a Sweet Friday! Give it to us cheap Mr. Market:)

User Image MK10 Posted - 04/10/24

$ASTL This is starting to look sweet again:)

User Image LongHoldEverything Posted - 04/09/24

$ASTL

User Image MK10 Posted - 1 month ago

$ASTL I took some profit today. We are getting a little over bought:)

User Image Stock_Titan Posted - 03/26/24

$ASTL $ASTLW Algoma Steel Inc. Announces Pricing of US$350 Million 9.125% Senior Secured Second Lien Notes due 2029 https://www.stocktitan.net/news/ASTL/algoma-steel-inc-announces-pricing-of-us-350-million-9-125-senior-94h5o252y6n4.html

User Image MK10 Posted - 03/26/24

$ASTL We are now above the 50 dma. She is looking beautiful:)

User Image DonCorleone77 Posted - 03/25/24

$ASTL Algoma Steel sees Q4 total steel shipment 445,000-460,000 tons Algoma Steel Group provided guidance for its fiscal fourth quarter ending March 31, 2024. Fiscal 2024 fourth quarter total steel shipments are expected to be in the range of 445,000 to 460,000 tons and Adjusted EBITDA is expected to be in the range of C$30 million to C$40 million. As previously announced, during the quarter Algoma experienced an unplanned outage at its blast furnace in connection with a utility corridor collapse at its coke-making facility. It is expected that the resultant outage reduced production by 120,000 to 150,000 net tons, significantly impacting Adjusted EBITDA performance in the quarter. Michael Garcia, Algoma's CEO commented, "We expect to close out our fiscal year on a high note, with steel production back to normal levels and our end markets looking strong. This is thanks to the efforts of our entire team, who quickly recovered our blast furnace facilities from the January 20th...

User Image Stock_Titan Posted - 03/25/24

$ASTL $ASTLW Algoma Steel Inc. Announces Proposed Offering of US$350 Million of Senior Secured Second Lien Notes due 2029 https://www.stocktitan.net/news/ASTL/algoma-steel-inc-announces-proposed-offering-of-us-350-million-of-ns0wntvoclm0.html

User Image MK10 Posted - 03/22/24

$ASTL The share price has been bouncing on the 200 dma for a little bit. I think we will see a move higher in the near future:)

User Image TickerDD_com Posted - 03/21/24

From 3/8/2024, looking back across 22 Month-Ends for ASTL, Percentage Change of Average Monthly Price had Equal (50%) while Percentage Change of Average Monthly Volume had All Positives (100%) $ASTL #ASTL #ASTLStock #TickerDD https://www.youtube.com/watch?v=EQrfZCs1Tdw

User Image PMdungbeetle Posted - 03/21/24

$TSLA $BYDDF $AISP $ASTL $EPOW https://finance.yahoo.com/news/sunrise-announces-ceos-purchase-companys-132500892.html

User Image LongHoldEverything Posted - 02/29/24

$ASTL

User Image LongHoldEverything Posted - 02/27/24

$ASTL

User Image Stock_Titan Posted - 02/26/24

$ASTL $ASTLW Algoma Steel Group to Participate in the BMO 33rd Global Metals, Mining & Critical Minerals Conference https://www.stocktitan.net/news/ASTL/algoma-steel-group-to-participate-in-the-bmo-33rd-global-metals-u40gd1rvlnk5.html

User Image Frontenac Posted - 02/24/24

$ASTL Ukrainian suicide drones are striking the Novolipetsk Metallurgical Plant in Lipetsk, Russia

User Image LongHoldEverything Posted - 02/23/24

$ASTL Any acquisition rumors out there?

User Image LongHoldEverything Posted - 02/23/24

$ASTL

User Image LongHoldEverything Posted - 02/15/24

$ASTL

User Image DonCorleone77 Posted - 02/14/24

$ASTL Algoma Steel resumes normal steel production Algoma Steel Group advised that the repair and restart of its blast furnace is complete and steel production resumed on Sunday, February 11. Algoma has strengthened its operations while advancing essential repair work required after a structure supporting utilities piping at Algoma's coke-making plant collapsed on January 20. Algoma remains focused on completing necessary utilities corridor repairs safely and efficiently while increasing coke-making capacity and rebuilding inventory levels. The company will continue to assess supplementing its coke supplies with market purchases to balance its requirement for iron production.

User Image Stock_Titan Posted - 02/14/24

$ASTL $ASTLW Algoma Resumes Normal Steel Production https://www.stocktitan.net/news/ASTL/algoma-resumes-normal-steel-6kfn3oo52sp3.html

User Image LongHoldEverything Posted - 02/10/24

$ASTL yessssss

User Image StockInvest_us Posted - 02/09/24

Signal alert: $ASTL - Possible Runner https://stockinvest.us/l/f22ZolDbVV

User Image Stock_Titan Posted - 02/09/24

$ASTL $ASTLW Algoma Addresses Casthouse Incident https://www.stocktitan.net/news/ASTL/algoma-addresses-casthouse-9utpotlq0xxv.html

User Image LongHoldEverything Posted - 02/06/24

$ASTL Lots to feel optimistic about. Solid ER