Positive News SentimentPositive NewsNASDAQ:ASTL Algoma Steel Group (ASTL) Stock Price, News & Analysis $5.01 +0.30 (+6.37%) Closing price 06/12/2026 04:00 PM EasternExtended Trading$5.00 0.00 (-0.10%) As of 06/12/2026 06:43 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Algoma Steel Group Stock (NASDAQ:ASTL) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Algoma Steel Group alerts:Sign Up Key Stats Today's Range$4.71▼$5.0150-Day Range$4.14▼$5.8052-Week Range$3.02▼$7.24Volume675,713 shsAverage Volume1.15 million shsMarket Capitalization$528.00 millionP/E RatioN/ADividend YieldN/APrice TargetN/AConsensus RatingReduce Company Overview Algoma Steel Group Inc. is a North American steel producer headquartered in Sault Ste. Marie, Ontario. The company operates a modern electric arc furnace (EAF) complex and an integrated rolling mill, enabling it to transform scrap and direct reduced iron into a wide range of steel products. Algoma Steel Group returned to public markets in 2021 with listings on both the Toronto Stock Exchange and the Nasdaq under the symbol ASTL. Founded in 1901 as Algoma Steel Corporation, the company grew to become one of Canada’s leading steelmakers before undergoing restructuring in the early 2000s. Following a period of restructuring and modernization, Algoma Steel Group has invested in advanced steelmaking technology, environmental controls and downstream processing capabilities. These investments support the company’s commitment to sustainability and to meeting the evolving specifications of its customers. Algoma Steel Group produces a diverse portfolio of flat-rolled products, including hot-rolled plate, pickled and oiled sheet, galvanized, galvanealed and painted steel coils. These products serve key end markets such as automotive, construction, energy, rail and machinery. With an emphasis on quality, traceability and on-time delivery, Algoma Steel Group supplies customers across Canada, the United States and select export markets. AI Generated. May Contain Errors. Read More Algoma Steel Group Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks37th Percentile Overall ScoreASTL MarketRank™: Algoma Steel Group scored higher than 37% of companies evaluated by MarketBeat, and ranked 140th out of 182 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.5 / 5Analyst RatingReduce Consensus RatingAlgoma Steel Group has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on no strong buy ratings, no buy ratings, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageAlgoma Steel Group has only been the subject of 3 research reports in the past 90 days.Read more about Algoma Steel Group's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Algoma Steel Group are expected to grow in the coming year, from ($2.27) to ($0.86) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Algoma Steel Group is -0.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Algoma Steel Group is -0.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAlgoma Steel Group has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.53% of the float of Algoma Steel Group has been sold short.Short Interest Ratio / Days to CoverAlgoma Steel Group has a short interest ratio ("days to cover") of 1.05, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Algoma Steel Group has recently decreased by 13.10%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldAlgoma Steel Group does not currently pay a dividend.Dividend GrowthAlgoma Steel Group does not have a long track record of dividend growth. News and Social Media3.7 / 5News Sentiment1.93 News SentimentAlgoma Steel Group has a news sentiment score of 1.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Algoma Steel Group this week, compared to 3 articles on an average week.Search Interest2 people have searched for ASTL on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership0.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Algoma Steel Group insiders have not sold or bought any company stock.Percentage Held by Institutions72.00% of the stock of Algoma Steel Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Algoma Steel Group's insider trading history. Receive ASTL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Algoma Steel Group and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. ASTL Stock News HeadlinesAlgoma Steel Group (ASTL) Gets a Hold from BMO CapitalJune 6, 2026 | theglobeandmail.comAlgoma Steel Releases 2025 Sustainability ReportJune 4, 2026 | financialpost.comFTrump’s secret China dealTrump just returned from Beijing with the most powerful business delegation in American history - Elon Musk, Jensen Huang, Tim Cook, and the CEOs of BlackRock, Goldman Sachs, and CitiBank. The media covered the handshakes. But what was really being negotiated behind closed doors? Porter Stansberry has connected the Beijing trip to a landmark pact signed by 13 nations in Washington - a pact designed to cut China out of a $3 trillion investment wave tied to the most critical resource of the 21st century. His new documentary exposes the five assets at the center of it all.June 14 at 1:00 AM | Porter & Company (Ad)Algoma Steel Group Inc. Releases 2025 Sustainability Report Highlighting Shift to Electric Arc Furnace ProductionJune 4, 2026 | quiverquant.comQAlgoma Steel Releases 2025 Sustainability ReportJune 4, 2026 | globenewswire.comAlgoma Steel Files 6-K and Sets June 23, 2026 Virtual AGM With Expanded Governance DisclosuresMay 22, 2026 | tipranks.comAlgoma Steel Group Inc (ASTL) Q1 2026 Earnings Call Highlights: Strategic Shifts and Challenges ...May 13, 2026 | uk.finance.yahoo.comAlgoma Steel Earnings Call: Transition Pain, EAF ProgressMay 13, 2026 | tipranks.comSee More Headlines ASTL Stock Analysis - Frequently Asked Questions How have ASTL shares performed this year? Algoma Steel Group's stock was trading at $4.10 at the start of the year. Since then, ASTL stock has increased by 22.2% and is now trading at $5.01. How were Algoma Steel Group's earnings last quarter? Algoma Steel Group Inc. (NASDAQ:ASTL) released its quarterly earnings results on Tuesday, May, 12th. The company reported ($1.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.78) by $0.28. The firm had revenue of $216.44 million for the quarter, compared to analyst estimates of $217.57 million. Algoma Steel Group had a negative net margin of 60.03% and a negative trailing twelve-month return on equity of 75.76%. Read the conference call transcript. Who are Algoma Steel Group's major shareholders? Algoma Steel Group's top institutional investors include Readystate Asset Management LP (0.44%), Dimensional Fund Advisors LP (0.34%), Renaissance Technologies LLC (0.11%) and Assenagon Asset Management S.A. (0.09%). How do I buy shares of Algoma Steel Group? Shares of ASTL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Algoma Steel Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Algoma Steel Group investors own include NVIDIA (NVDA), Broadcom (AVGO), StealthGas (GASS), Adobe (ADBE), Arista Networks (ANET), GE Aerospace (GE) and Jabil (JBL). Company Calendar Last Earnings5/12/2026Today6/14/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (2m+) 1-Year History Jun 25 Sep 25 Dec 25 Mar 26 Jun 26 ASTL's financial health is in the Green zone, according to TradeSmith. ASTL has been in this zone for over 2 months. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorBasic Materials Industry STEEL - PRODUCERS Sub-IndustrySteel Works Current SymbolNASDAQ:ASTL CIK1860805 Webwww.algoma.com Phone705-945-2351FaxN/AEmployees2,400Year FoundedN/AProfitability EPS (Trailing Twelve Months)($7.45) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income-$704.89 million Net Margins-60.03% Pretax Margin-74.97% Return on Equity-75.76% Return on Assets-23.96% Debt Debt-to-Equity Ratio2.19 Current Ratio2.45 Quick Ratio1.22 Sales & Book Value Annual Sales$1.49 billion Price / Sales0.35 Cash FlowN/A Price / Cash FlowN/A Book Value$3.35 per share Price / Book1.50Miscellaneous Outstanding Shares105,390,000Free FloatN/AMarket Cap$528.00 million OptionableOptionable Beta1.60 7 Energy Stocks to Buy and Hold ForeverWith the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.Get This Free Report This page (NASDAQ:ASTL) was last updated on 6/14/2026 by MarketBeat.com Staff. From Our PartnersDOJ Admits It In Court—Your Cash Can Be Seized Without WarningThe Department of Justice recently argued in court that cash may not be legally your property - raising concer...Priority Gold | SponsoredRickards Predicts: Trump to buy tiny $2 stock?Jim Rickards believes the Trump administration is about to take a direct stake in a $2 stock sitting on the la...Paradigm Press | SponsoredTrump's gold order: the announcement they won't put on the front pageOn August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...Reagan Gold Group | SponsoredElon Is Quietly Doubling Down on This Bizarre AssetYahoo Finance reports this technology 'May Unlock $400 Trillion' - and Bloomberg calls it 'unavoidable.' Elon ...Brownstone Research | SponsoredThe number nobody's bragging aboutSPCX - the largest IPO in history - was predicted to open at $175. It opened at $150. Insiders bought in at a ...Behind the Markets | SponsoredIs SpaceX really worth 1.78 Trillion?With SpaceX approaching a near-$2 trillion valuation, most investors are focused on the IPO itself - but analy...InvestPub | SponsoredThere’s a new type of capitalismThe U.S. government has taken direct equity positions in at least 10 companies - Intel, U.S. Steel, Westinghou...Porter & Company | SponsoredBUY THIS: Claim a backdoor stake in SpaceXThere may be a way to claim pre-IPO exposure to SpaceX before it ever hits public markets - using a simple tra...Chaikin Analytics | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added ten stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Algoma Steel Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Algoma Steel Group With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In Email Me a Login Link or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
