Algoma Steel Group Inc. (TSX: ASTL)

Canada flag Canada · Delayed Price · Currency is CAD
10.85
+0.32 (3.04%)
May 17, 2024, 4:00 PM EDT
10.49%
Market Cap 1.13B
Revenue (ttm) 2.85B
Net Income (ttm) 56.80M
Shares Out 104.12M
EPS (ttm) 0.11
PE Ratio 16.95
Forward PE 8.87
Dividend 0.20 (1.84%)
Ex-Dividend Date Feb 28, 2024
Volume 43,690
Open 10.63
Previous Close 10.53
Day's Range 10.57 - 10.85
52-Week Range 8.64 - 13.54
Beta 1.54
Analysts n/a
Price Target n/a
Earnings Date Jun 22, 2024

About Algoma Steel Group

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 equ... [Read more]

Industry Steel
Sector Materials
Founded 1902
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol ASTL
Full Company Profile

Financial Performance

In 2022, ASTL's revenue was 2.78 billion, a decrease of -27.00% compared to the previous year's 3.81 billion. Earnings were 298.50 million, a decrease of -65.20%.

Financial Statements

News

Algoma Steel Inc. Announces Pricing of US$350 Million 9.125% Senior Secured Second Lien Notes due 2029

SAULT STE. MARIE, Ontario, March 26, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a fully integrated producer of hot and cold rolled steel products including ...

7 weeks ago - GlobeNewsWire

CORRECTION: Dividend Payment Date Adjustment Due to Canadian Statutory Holiday

SAULT STE. MARIE, Ontario, March 25, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sh...

7 weeks ago - GlobeNewsWire

Algoma Steel Provides Fiscal Fourth Quarter 2024 Guidance

SAULT STE. MARIE, Ontario, March 25, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sh...

2 months ago - GlobeNewsWire

Algoma Steel Group to Participate in the BMO 33rd Global Metals, Mining & Critical Minerals Conference

SAULT STE. MARIE, Ontario, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel she...

3 months ago - GlobeNewsWire

Algoma Resumes Normal Steel Production

SAULT STE. MARIE, Ontario, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel she...

3 months ago - GlobeNewsWire

Algoma Addresses Casthouse Incident

Employees Discharged From Hospital and Timing of Blast Furnace Restart Remains On Track Employees Discharged From Hospital and Timing of Blast Furnace Restart Remains On Track

3 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Algoma Steel Group Inc. - ASTL

NEW YORK , Feb. 7, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Algoma Steel Group Inc. ("Algoma" or the "Company") (NASDAQ: ASTL). Such investors are advised t...

3 months ago - PRNewsWire

Algoma Steel Group Inc. 2024 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Algoma Steel Group Inc.

3 months ago - Seeking Alpha

Algoma Steel Group reports Q3 results

3 months ago - Seeking Alpha

Algoma Steel Group Reports Fiscal Third Quarter 2024 Financial Results

Steel Shipments and Adjusted EBITDA In-line with Previously Announced Expectations Delivered Year-over-year Improvement Across Nearly All Metrics Provides Further Update on Coke-Making Utilities Struc...

3 months ago - GlobeNewsWire

Algoma Steel Gr's Earnings Outlook

Algoma Steel Gr (NASDAQ: ASTL) is set to give its latest quarterly earnings report on Tuesday, 2024-02-06. Here's what investors need to know before the announcement. Analysts estimate that Algoma St...

3 months ago - Benzinga

Earnings Outlook For Algoma Steel Gr

Algoma Steel Gr (NASDAQ: ASTL) is set to give its latest quarterly earnings report on Tuesday, 2024-02-06. Here's what investors need to know before the announcement. Analysts estimate that Algoma St...

3 months ago - Benzinga

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Algoma Steel Group Inc. - ASTL

NEW YORK , Jan. 30, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Algoma Steel Group Inc. ("Algoma" or the "Company") (NASDAQ: ASTL). Such investors are advised ...

3 months ago - PRNewsWire

Algoma Steel to Announce Fiscal 2024 Third Quarter Results February 6, 2024

SAULT STE. MARIE, Ontario, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel she...

3 months ago - GlobeNewsWire

Algoma Steel resumes limited production at Ontario coke-making plant

Algoma Steel resumes limited production at its Ontario plant after a structural collapse incident, with some impact on shipments expected.

4 months ago - Seeking Alpha

Algoma Steel Provides Update on Incident at Coke-Making Plant

SAULT STE. MARIE, Ontario, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel she...

4 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Algoma Steel Group Inc. - ASTL

NEW YORK , Jan. 22, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Algoma Steel Group Inc. ("Algoma" or the "Company") (NASDAQ: ASTL). Such investors are advised ...

4 months ago - PRNewsWire

Algoma Steel sinks after structural collapse at Ontario coke-making plant

Algoma Steel (ASTL) shares plummet after a structural collapse at its coke-making plant in Ontario, causing environmental concerns and interruptions in production.

4 months ago - Seeking Alpha

Algoma Steel Reports Incident at Coke-Making Plant

SAULT STE. MARIE, Ontario, Jan. 20, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel she...

4 months ago - GlobeNewsWire

Algoma Steel expects Q3 total steel shipments to be ~515,000 tons

Algoma Steel Group expects third-quarter steel shipments of approximately 515,000 tons and adjusted EBITDA in the range of -$10M to breakeven, citing soft...

4 months ago - Seeking Alpha