NASDAQ:ASTL Algoma Steel Group (ASTL) Stock Price, News & Analysis $4.52 -0.24 (-5.04%) Closing price 04:00 PM EasternExtended Trading$4.58 +0.06 (+1.22%) As of 05:32 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$4.51▼$4.8250-Day Range$4.44▼$5.8052-Week Range$3.02▼$7.24Volume757,906 shsAverage Volume1.38 million shsMarket Capitalization$477.59 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™ Stocks36th Percentile Overall ScoreASTL MarketRank™: Algoma Steel Group scored higher than 36% of companies evaluated by MarketBeat, and ranked 146th out of 183 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 -0.61, 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 -0.61, 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 1.35. 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 StrengthWeak Dividend YieldAlgoma Steel Group does not currently pay a dividend.Dividend GrowthAlgoma Steel Group does not have a long track record of dividend growth.Read more about Algoma Steel Group's dividend. News and Social Media3.1 / 5News SentimentN/A News SentimentAlgoma Steel Group has a news sentiment score of 1.00. 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 0.66 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 1 news article 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. Company Ownership1.0 / 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 Insiders7.77% of the stock of Algoma Steel Group is held by insiders.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. 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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 CEO walks away with $6.8 million in wake of 1,000 layoffs and billion-dollar lossJune 17 at 4:09 PM | globenewswire.comAlgoma Steel Group (ASTL) Gets a Hold from BMO CapitalJune 6, 2026 | theglobeandmail.comA 3M Oz. Historical Gold Resource And A Market That Hasn't Caught UpOne Canadian junior explorer controls a gold and copper system in British Columbia's Kootenay Golden Arc - a district with over 4 million ounces of historical production. Surrounded by major operators including Coeur Mining and Centerra, the project holds a historical resource estimated at 3.31 million ounces of gold. With funding and permits in place for an active drill program and an updated NI 43-101 resource targeted for 2027, the setup offers multiple near-term catalysts - all against a backdrop of gold near record highs and a structurally short copper market.June 18 at 1:00 AM | Wall Street Logic (Ad)Algoma Steel Releases 2025 Sustainability ReportJune 4, 2026 | financialpost.comFAlgoma 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.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 on January 1st, 2026. Since then, ASTL stock has increased by 10.2% and is now trading at $4.52. How were Algoma Steel Group's earnings last quarter? Algoma Steel Group Inc. (NASDAQ:ASTL) posted its earnings results on Tuesday, May, 12th. The company reported ($1.06) earnings per share for the quarter, missing the consensus estimate of ($0.78) by $0.28. The business earned $216.44 million during 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? Top institutional investors of Algoma Steel Group 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 Earnings5/12/2026Today6/18/2026Fiscal 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$1.87 billion Price / Sales0.26 Cash FlowN/A Price / Cash FlowN/A Book Value$3.35 per share Price / Book1.35Miscellaneous Outstanding Shares105,661,000Free Float97,451,000Market Cap$477.59 million OptionableOptionable Beta1.60 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for June 2026. Learn which stocks have the most short interest and how to trade them. Click the link to see which companies made the list.Get This Free Report This page (NASDAQ:ASTL) was last updated on 6/18/2026 by MarketBeat.com Staff. From Our PartnersThis is the worst news for stocks in 50 yearsGoldman Sachs and Morgan Stanley are issuing a rare warning: what's ahead for U.S. stocks could be the worst e...TradeSmith | 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 | SponsoredYour book attachedBill Poulos is giving away his 'Safe Trade Options Formula' book for free - but only for a limited time throug...Profits Run | SponsoredHow to play the Biggest IPO in stock market history!SpaceX is eyeing a near-$2 trillion IPO valuation, and retail investors are already lining up - but early insi...InvestPub | SponsoredA 3M Oz. 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