Algoma Steel Group (ASTL) Stock Price, News & Analysis

Company Overview

Based in Sault Ste. Marie, Ontario, Algoma is a leading Canadian producer of high-quality plate and sheet steel products, proudly supporting critical sectors including energy, defence, automotive, shipbuilding, and infrastructure. Guided by a purpose to build better lives and a greener future, Algoma is shaping the next generation of sustainable steelmaking in Canada. With the transition to electric arc furnace (EAF) steelmaking and a modernized plate mill, Algoma is redefining how steel is made in Canada. Powered by Ontario's clean electricity grid, this transformation represents one of the largest industrial decarbonization initiatives in North America and is expected to reduce carbon emissions by approximately 70% once fully transitioned. These advancements provide stability for continued investment in diversification projects aligned with Canada's evolving needs. This new chapter also introduces Volta¿, the brand for all steel produced through Algoma's EAF technology.

Key Stats

• Today's Range: C$5.51 to C$5.78
• 50-Day Range: C$5.08 to C$8.03
• 52-Week Range: C$4.20 to C$8.16
• Volume: 589,884 shs
• Average Volume: 629,378 shs
• Market Capitalization: C$598.61 million
• P/E Ratio: N/A
• Dividend Yield: 2.43%
• Price Target: C$7.13
• Consensus Rating: Hold

Algoma Steel Group Stock Analysis - MarketRank™

Algoma Steel Group scored higher than 34% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Hold

Consensus Rating

Algoma Steel Group has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on no strong buy ratings, 1 buy rating, 3 hold ratings, and no sell ratings.

Upside Potential

Algoma Steel Group has a consensus price target of C$7.13, representing about 25.4% upside from its current price of C$5.68.

Amount of Analyst Coverage

Algoma Steel Group has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Algoma Steel Group is -0.56, 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. Sector

The P/E ratio of Algoma Steel Group is -0.56, 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 Ratio

Algoma Steel Group has a P/B Ratio of 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ASTL.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Algoma Steel Group pays a meaningful dividend of 2.43%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Algoma Steel Group does not have a long track record of dividend growth.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: -0.67

News Sentiment

Algoma Steel Group has a news sentiment score of -0.67. 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 lower news sentiment than the 0.56 average news sentiment score of Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Algoma Steel Group this week, compared to 0 articles on an average week.

Search Interest

6 people have searched for ASTL on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Algoma Steel Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

7.57% of the stock of Algoma Steel Group is held by insiders.

Percentage Held by Institutions

16.95% of the stock of Algoma Steel Group is held by institutions.

Company Calendar

• Last Earnings: 7/29/2026
• Today: 8/09/2026

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: Steel
• Current Symbol: TSE:ASTL
• CIK: N/A
• Web: www.algoma.com
• Phone: 17059452201
• Fax: N/A
• Employees: 2,730
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Algoma Steel Group: C$7.13
• High Price Target: C$11.50
• Low Price Target: C$5.00
• Potential Upside/Downside: +25.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): C($10.16)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 3.84
• P/E Growth: N/A
• Net Income: -C$150.59 million
• Net Margins: -55.02%
• Pretax Margin: N/A
• Return on Equity: -180.34%
• Return on Assets: -0.63%

Debt

• Debt-to-Equity Ratio: 368.00
• Current Ratio: 2.49
• Quick Ratio: 1.51

Sales & Book Value

• Annual Sales: C$1.54 billion
• Price / Sales: 0.39
• Cash Flow: C$3.03 per share
• Price / Cash Flow: 1.87
• Book Value: C$2.70 per share
• Price / Book: 2.10

Miscellaneous

• Outstanding Shares: 105,389,000
• Free Float: N/A
• Market Cap: C$598.61 million
• Optionable: Not Optionable
• Beta: 1.74