Algoma Steel Group (TSE:ASTL) Trading Down 0.2% – Here’s Why

Posted by ABMN Staff on Dec 27th, 2025

Algoma Steel Group Inc. (TSE:ASTL – Get Free Report) shares were down 0.2% during mid-day trading on Friday . The company traded as low as C$5.60 and last traded at C$5.72. Approximately 160,890 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 472,321 shares. The stock had previously closed at C$5.73.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Stifel Nicolaus upped their target price on shares of Algoma Steel Group from C$10.75 to C$11.50 and gave the stock a “buy” rating in a report on Tuesday, October 7th. Royal Bank Of Canada lowered their price objective on shares of Algoma Steel Group from C$8.00 to C$6.00 and set a “sector perform” rating for the company in a research report on Thursday, October 2nd. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Algoma Steel Group currently has a consensus rating of “Hold” and a consensus target price of C$8.50.

Check Out Our Latest Analysis on ASTL

Algoma Steel Group Trading Down 0.2%

The business has a fifty day moving average of C$5.66 and a 200-day moving average of C$6.74. The company has a market capitalization of C$600.22 million, a P/E ratio of -3.94 and a beta of 1.64. The company has a debt-to-equity ratio of 43.70, a quick ratio of 1.51 and a current ratio of 3.31.

Algoma Steel Group (TSE:ASTL – Get Free Report) last issued its quarterly earnings results on Wednesday, October 29th. The company reported C($4.46) earnings per share (EPS) for the quarter. Algoma Steel Group had a negative return on equity of 10.66% and a negative net margin of 6.33%.The company had revenue of C$523.90 million for the quarter. Analysts anticipate that Algoma Steel Group Inc. will post 1.4795699 earnings per share for the current fiscal year.

About Algoma Steel Group

(Get Free Report)

Algoma Steel Group Inc is a Canadian company that produces clean and consistent light gauge steel in North America, offering a range of hot and cold rolled steel sheet and plate products. The firm operates in a single segment of basic steel production. Geographically it serves Canada, the United States and the rest of the world, whilst driving key revenue from domestic sales. Substantial revenue is generated from the sale of Steel sheets and strips.