tradingkey.logo

Algoma Steel Group Inc

ASTL
View Detailed Chart
4.610USD
+0.290+6.71%
Close 02/06, 16:00ETQuotes delayed by 15 min
483.74MMarket Cap
LossP/E TTM

Algoma Steel Group Inc

4.610
+0.290+6.71%
Intraday
1m
30m
1h
D
W
M
D

Today

+6.71%

5 Days

+10.29%

1 Month

+11.08%

6 Months

-3.96%

Year to Date

+12.44%

1 Year

-46.27%

View Detailed Chart

Key Insights

Algoma Steel Group Inc's fundamentals are relatively weak, with an industry-leading ESG disclosure.and its growth potential is good.Its valuation is considered fairly valued, ranking 57 out of 119 in the Metals & Mining industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 10.00.In the medium term, the stock price is expected to trend up.Despite a good stock market performance and strong technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Algoma Steel Group Inc's Score

Industry at a Glance

Industry Ranking
57 / 119
Overall Ranking
224 / 4521
Industry
Metals & Mining

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Neutral

Algoma Steel Group Inc Highlights

StrengthsRisks
Algoma Steel Group Inc. is a Canada-based integrated producer of hot and cold rolled steel products including sheet and plate. The Company delivers responsive, customer-driven product solutions for applications in the automotive, construction, energy, defense, and manufacturing sectors. It is a key supplier of steel products to customers in North America and is the producer of discrete plate products in Canada. The Company offers a wide range of steel plate products, which include AR225, Heat Treated Plate, AlgoLaser, AlgoGrip, and The Heavies. Its sheet products include Hot Rolled Sheet - DSPC, AR200, and Cold Rolled Sheet. The Company has a raw steel production capacity of an estimated over 2.8 million liquid tons per year. Its Direct Strip Production Complex is a continuous casting and rolling mill, producing high-quality hot-rolled sheet steel directly from liquid steel. The Company also generates by-products from its operations.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 26.52%.
Fairly Valued
The company’s latest PB is 0.77, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 84.87M shares, increasing 6.53% quarter-over-quarter.
Held by Invesco
Star Investor Invesco holds 51.09K shares of this stock.

Analyst Rating

Based on 1 analysts
Hold
Current Rating
10.000
Target Price
+152.53%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Algoma Steel Group Inc News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Algoma Steel Group Inc Info

Algoma Steel Group Inc. is a Canada-based integrated producer of hot and cold rolled steel products including sheet and plate. The Company delivers responsive, customer-driven product solutions for applications in the automotive, construction, energy, defense, and manufacturing sectors. It is a key supplier of steel products to customers in North America and is the producer of discrete plate products in Canada. The Company offers a wide range of steel plate products, which include AR225, Heat Treated Plate, AlgoLaser, AlgoGrip, and The Heavies. Its sheet products include Hot Rolled Sheet - DSPC, AR200, and Cold Rolled Sheet. The Company has a raw steel production capacity of an estimated over 2.8 million liquid tons per year. Its Direct Strip Production Complex is a continuous casting and rolling mill, producing high-quality hot-rolled sheet steel directly from liquid steel. The Company also generates by-products from its operations.
Ticker SymbolASTL
CompanyAlgoma Steel Group Inc
CEOGarcia (Michael Dennis)
Websitehttps://www.algoma.com/
KeyAI