ASTL

Algoma Steel Group Inc. Common Shares (ASTL) | Rumor.io

Algoma Steel Group Inc. Common Shares

ASTL

Attention (50-day avg)0%

Attention rank (50-day avg)#2,466

Bullish sentiment (50-day avg)97%

Price to earnings ratio17.8

Market capitalization458.4M

Earnings per share-7.18

Dividend yield (TTM)4.61%

Revenue (annual)2.1B

Net income (annual)-984.9M

Social

What share of all stock conversation is about ASTL?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Attention	0% new	0% +0	0% 0	0% +0

Aug 19

Algoma Steel ($ASTL) rose 19% due to renewed hope for a rollback of the 50% steel and aluminum tariffs.
Call buyers are active on $ASTL, with 7,300 Sep 18 $5 to $6 calls traded in two days, indicating traders are betting on more upside.
$ASTL's stock price rose ~11.6% as industrial sector sentiment improves, with the share price reaching $4.57, marking a notable double-digit gain for the session.

Generated by AI

Sentiment

Of the messages about ASTL that take a side, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Bullish	100%	100%	100% +3.77	82.89% +9.12
Bearish	0%	0%	0% -3.77	17.11% -9.12

Jan 30

Algoma Steel Group Inc. has been executing well quarter after quarter, showing its ability to consistently perform.
The stock has provided a significant return on investment, with a 140% gain for one investor.
The stock's performance has led to a substantial increase in value, with one investor's $500 turning into $1,200.

Generated by AI

Topics

Of the messages about ASTL that carry a topic, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y
Announcements	—	—	100%	48.53%
Technical Analysis	—	—	0%	1.07%
Macro	—	—	0%	34.87%
Earnings	—	—	0%	10.81%
Analysts	—	—	0%	0%
Controversies	—	—	0%	4.72%

Announcements· Feb 10

Algoma Steel is a member of CISERA, a research association that could lead to opportunities for CHAR Technologies.
CHAR Technologies has listed on the Frankfurt stock exchange to attract European investors.
CHAR Technologies aims to export biocarbon to Europe due to high ESG mandates.

Macro· Sep 29

* Algoma Steel Group Inc. ($ASTL) received $500M in low-interest loans from the Canadian government and $100M from the Ontario government to help the company recover from the effects of 50% US tariffs on its steel exports.
* The tariffs have significantly impacted Algoma's sales, with around 60% of its revenue coming from the US market, which it is currently shut out of due to the tariffs.
* The company's steel plate is used in the defense sector, and it employs approximately 2,800 people, making it a significant employer in the region.

Generated by AI

Community

Of the messages about ASTL, what share comes from each group?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Regulars	0%	0%	4.08%	22.84%
Newcomers	100%	100%	95.92%	77.16%

Regulars· Jun 22

Algoma Steel's Q1 guidance exceeded previous expectations, with production returning to normal levels despite a surprise increase in capital expenditures.
The company's improved operations and strong production numbers in the next two quarters are expected to drive shareholder returns in 2024, despite the market's current disagreement.
The EAF (Electric Arc Furnace) project, despite concerns over emissions, is seen as a valuable asset, with the company's stock being considered cheap compared to its peers, and the project's potential benefits outweighing the costs.

Newcomers· Mar 11

New investors are focused on the operational momentum shift and the potential for disciplined risk management as Algoma Steel completes its EAF transition and meets Q4 expectations.
The completion of the blast furnace shutdown marks a pivotal shift in operations, with full electric arc furnace operation beginning now, and new investors are monitoring for execution risk and sector rotation.
New investors are concerned about the devastating impact of the 50% U.S. Section 232 tariffs on Algoma Steel's Q4 results, with revenue decelerating by 23% YoY and net losses accelerating to $364.7M.

Generated by AI

News

Algoma Steel Price Target Raised to CA$7 at RBC

2d agoYahoo Finance

Trump’s Canadian Tariffs Tear at Bond Between Twins Towns in Ontario and Michigan

17d agoThe New York Times

Algoma Steel Inc. fined $1.2 million for federal environmental and wildlife offences related to a gear oil deposit into the St. Marys River, Ontario

A healthy environment supports wildlife, biodiversity, and the natural places Canadians value while contributing to sustainable economic development. Environment and Climate Change Canada enforcement officers support these outcomes by enforcing federal environmental and wildlife laws that prevent harm and help protect natural resources in Canada now and into the future.

18d agoYahoo Finance

Algoma Steel fined $1.2M for 2022 oil spill into St Marys River

19d agoYahoo! Finance Canada

Why Algoma Steel Could Be Canada’s Best Tariff-Retaliation Play

Canada’s escalating tariff battle with the United States could give Algoma Steel’s growing focus on domestic plate demand an important new tailwind. The post Why Algoma Steel Could Be Canada’s Best Tariff-Retaliation Play appeared first on The Motley Fool Canada.

22d agoYahoo! Finance Canada

Canada Doubles Steel and Aluminum Tariffs to 50%: What it Means for Algoma Steel Investors

Higher tariffs can help a Canadian steelmaker win orders, but they don’t guarantee profits, and Algoma still needs to prove the turnaround in cash flow. The post Canada Doubles Steel and Aluminum Tariffs to 50%: What it Means for Algoma Steel Investors appeared first on The Motley Fool Canada.

22d agoYahoo! Finance Canada

Also Discussed

Investors talking about ASTL also mention

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1	GrafTech International Ltd.EAF	0%0
2	CPLP - Capital Product Partners L.P.	——
3	Runway Growth Finance Corp.RWAY	0%0
4	Alcon Inc.ALC	0%0
5	ROCR - Roth CH Acquisition III Co.	——
6	Rein Therapeutics Inc.RNTX	0%0
7	Citizens & Northern CorporationCZNC	0%0
8	Zhongchao Inc. Class A Ordinary SharesZCMD	0%new
9	LEGT - Legato Merger Corp. III	——
10	Korro Bio Inc.KRRO	0%0

Algoma Steel Group Inc. Common Shares

Basic Materials
Steel

Algoma Steel Group Inc. Common Shares represent equity ownership in Algoma Steel Group Inc., a North American steel producer headquartered in Sault Ste. Marie, Ontario. The company focuses on the production of hot-rolled and cold-rolled steel products, including sheet and plate, serving customers across construction, manufacturing, energy, infrastructure, and distribution channels. Algoma Steel Group Inc. operates as a fully integrated steelmaker with electric arc furnace and rolling mill capabilities, using scrap and direct reduced iron as key inputs in its production process. Its common shares provide exposure to a business centered on essential steel materials used in industrial and commercial applications. Algoma Steel Group Inc. is a publicly traded issuer in the Canadian and U.S. markets, and its share class is a standard common equity instrument within the basic materials sector.

Website

Location

105 West Street

Sault Sainte Marie, ON, P6A 7B4

Canada

Social

What share of all stock conversation is about ASTL?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Attention	0% new	0% +0	0% 0	0% +0

Aug 19

Algoma Steel ($ASTL) rose 19% due to renewed hope for a rollback of the 50% steel and aluminum tariffs.
Call buyers are active on $ASTL, with 7,300 Sep 18 $5 to $6 calls traded in two days, indicating traders are betting on more upside.
$ASTL's stock price rose ~11.6% as industrial sector sentiment improves, with the share price reaching $4.57, marking a notable double-digit gain for the session.

Generated by AI

Sentiment

Of the messages about ASTL that take a side, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Bullish	100%	100%	100% +3.77	82.89% +9.12
Bearish	0%	0%	0% -3.77	17.11% -9.12

Jan 30

Algoma Steel Group Inc. has been executing well quarter after quarter, showing its ability to consistently perform.
The stock has provided a significant return on investment, with a 140% gain for one investor.
The stock's performance has led to a substantial increase in value, with one investor's $500 turning into $1,200.

Generated by AI

Topics

Of the messages about ASTL that carry a topic, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y
Announcements	—	—	100%	48.53%
Technical Analysis	—	—	0%	1.07%
Macro	—	—	0%	34.87%
Earnings	—	—	0%	10.81%
Analysts	—	—	0%	0%
Controversies	—	—	0%	4.72%

Announcements· Feb 10

Algoma Steel is a member of CISERA, a research association that could lead to opportunities for CHAR Technologies.
CHAR Technologies has listed on the Frankfurt stock exchange to attract European investors.
CHAR Technologies aims to export biocarbon to Europe due to high ESG mandates.

Macro· Sep 29

* Algoma Steel Group Inc. ($ASTL) received $500M in low-interest loans from the Canadian government and $100M from the Ontario government to help the company recover from the effects of 50% US tariffs on its steel exports.
* The tariffs have significantly impacted Algoma's sales, with around 60% of its revenue coming from the US market, which it is currently shut out of due to the tariffs.
* The company's steel plate is used in the defense sector, and it employs approximately 2,800 people, making it a significant employer in the region.

Generated by AI

Community

Of the messages about ASTL, what share comes from each group?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Regulars	0%	0%	4.08%	22.84%
Newcomers	100%	100%	95.92%	77.16%

Regulars· Jun 22

Algoma Steel's Q1 guidance exceeded previous expectations, with production returning to normal levels despite a surprise increase in capital expenditures.
The company's improved operations and strong production numbers in the next two quarters are expected to drive shareholder returns in 2024, despite the market's current disagreement.
The EAF (Electric Arc Furnace) project, despite concerns over emissions, is seen as a valuable asset, with the company's stock being considered cheap compared to its peers, and the project's potential benefits outweighing the costs.

Newcomers· Mar 11

New investors are focused on the operational momentum shift and the potential for disciplined risk management as Algoma Steel completes its EAF transition and meets Q4 expectations.
The completion of the blast furnace shutdown marks a pivotal shift in operations, with full electric arc furnace operation beginning now, and new investors are monitoring for execution risk and sector rotation.
New investors are concerned about the devastating impact of the 50% U.S. Section 232 tariffs on Algoma Steel's Q4 results, with revenue decelerating by 23% YoY and net losses accelerating to $364.7M.

Generated by AI

Algoma Steel Group Inc. Common Shares

Social

Aug 19

Jan 30

Announcements· Feb 10

Macro· Sep 29

Regulars· Jun 22

Newcomers· Mar 11

Algoma Steel Price Target Raised to CA$7 at RBC

Trump’s Canadian Tariffs Tear at Bond Between Twins Towns in Ontario and Michigan

Algoma Steel Inc. fined $1.2 million for federal environmental and wildlife offences related to a gear oil deposit into the St. Marys River, Ontario

Algoma Steel fined $1.2M for 2022 oil spill into St Marys River

Why Algoma Steel Could Be Canada’s Best Tariff-Retaliation Play

Canada Doubles Steel and Aluminum Tariffs to 50%: What it Means for Algoma Steel Investors

Also Discussed

Algoma Steel Group Inc. Common Shares

Company Information

Location

Algoma Steel Price Target Raised to CA$7 at RBC

Trump’s Canadian Tariffs Tear at Bond Between Twins Towns in Ontario and Michigan

Algoma Steel Inc. fined $1.2 million for federal environmental and wildlife offences related to a gear oil deposit into the St. Marys River, Ontario

Algoma Steel fined $1.2M for 2022 oil spill into St Marys River

Why Algoma Steel Could Be Canada’s Best Tariff-Retaliation Play

Canada Doubles Steel and Aluminum Tariffs to 50%: What it Means for Algoma Steel Investors

Also Discussed

Social

Aug 19

Jan 30

Announcements· Feb 10

Macro· Sep 29

Regulars· Jun 22

Newcomers· Mar 11