Algoma Steel Group Inc (ASTL.TO) Buy, Sell or…

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Algoma Steel Group Inc (ASTL.TO)

7.64

-0.06 (0.78%)

as of Jun 4, 2026, 8:00:01 pm Market Open.

87 watching

Investor Insights

Jun 4, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

Algoma Steel Group Inc. (ASTL) is viewed as a speculative investment with mixed opinions from experts. Some highlight improvements within the sector, noting that the ETF for steel has reached an all-time high, although ASTL itself has faced challenges such as cash burn and a dismal current business outlook. The impending renewal of the USMCA adds to the uncertainty surrounding the stock, dependent on tariffs and industry dynamics. While the steel sector appears intriguing to some analysts, there are reservations about ASTL's recent performance. Ultimately, this juxtaposition of potential upsides against considerable risks leaves stakeholders in a tough position when evaluating the stock's future prospects.

Consensus

Mixed

Valuation

Undervalued

Similar

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TOP PICK

Fixed all their problems. Steel prices are getting higher. 5x earnings, and less than 2x cash flow. Upside.

DON'T BUY

Book value is around $15. Stock price could go higher, but if Stelco goes bankrupt, are they going to dump some of their steel, will the government have to step in, etc.? Cut back your holdings and watch.

BUY

Steel prices are increasing. A very interesting sector.

BUY

Cheap stock. Rising steel prices. Massive leverage. Concerns on relining blast furnace and debt situations have been put on hold. Should be smooth sailing going forward.

DON'T BUY

Expected to lose money in the next 2 quarters. Not a well run steel company.

DON'T BUY

Steels give an opportunity to participate in economic growth.Shipping costs are expensive compared to other companies.Have a cost issue going forward re labor costs.

WEAK BUY

Its worth having a look at.An under loved stock.Strong management.Just looking at it now.

DON'T BUY

Steel industry is a difficult place to be now.

DON'T BUY

A heart breaker stock. Not a buy & hold situation. Bounced off the bottom in June, but has tech resistance on its 50 day moving average. Excess steel capacity.

DON'T BUY

Would avoid every steel stock except for Dofasco.

DON'T BUY

He's done poorly in steels over the years. Could be in for a tough haul.

DON'T BUY

He's done poorly in steels over the years. Could be in for a tough haul.

DON'T BUY

Cdn$ has hurt the Cdn steel producers. A high risk play. US steels will do better.

WEAK BUY

Book value is around $14/15. Earnings around $3.50 level. Strong Cdn$ hurts. Cheap.

DON'T BUY

Direction of steel prices is heading down because of import pressure and the auto industry.

Showing 91 to 105 of 121 entries

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Algoma Steel Group Inc (ASTL.TO)