Stay Cautious On Algoma Steel, But Watch For Early Signs Of Recovery [Seeking Alpha]
Algoma Steel Group Inc. (ASTL)
Company Research
Source: Seeking Alpha
ASTL faces deteriorating financials: Q3 2025 revenue fell 12.7%, adjusted EBITDA turned negative, and shipments declined 19.5%. A C$500 million government loan supports the electric arc furnace transition, but profitability and dividend resumption remain distant. Valuation remains unattractive with acute financial distress (Altman Z-score 0.55); investors should await clear signs of recovery or dividend reinstatement. Elena Bionysheva-Abramova/iStock via Getty Images A Hold Rating Is What We Need At The Moment For Algoma Steel We still see a “Hold” rating as the more viable rating for the NASDAQ-listed shares of Algoma Steel Group Inc. ( This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seekin
Show less
Read more
Impact Snapshot
Event Time:
ASTL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ASTL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ASTL alerts
High impacting Algoma Steel Group Inc. news events
Weekly update
A roundup of the hottest topics
ASTL
News
- No new auto plants but here's what else Germany and South Korea are offering in their submarine bids [BNN Bloomberg (Canada)]BNN Bloomberg
- Algoma Steel Group Inc. to Announce 2025 Fourth Quarter and Full Year Results March 11, 2026 [Canadian Business Journal (Canada)]Canadian Business Journal
- Algoma Steel Group Inc. to Announce 2025 Fourth Quarter and Full Year Results March 11, 2026 [Yahoo! Finance]Yahoo! Finance
- Algoma Steel Group Inc. to Announce 2025 Fourth Quarter and Full Year Results March 11, 2026GlobeNewswire
- Innovation below the surface could reinvent Canada's naval presence [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
ASTL
Earnings
- 10/29/25 - Miss
ASTL
Sec Filings
- 2/27/26 - Form 6-K
- 2/17/26 - Form SCHEDULE
- 2/12/26 - Form SCHEDULE
- ASTL's page on the SEC website