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

Cleveland-Cliffs, CLF

DON'T BUY

Good balance sheet, but steels have been crushed. Strong Canadian dollar is a problem.

DON'T BUY

Prefers Stelco. Has been on a roller coaster ride.

BUY

Book value is $13. A good price.

BUY

Good earnings. Good price.

BUY

Good price. 2 X earnings.

BUY

Likes the company. Book Value = $15. Expects it to make money.

DON'T BUY

Has just restructured. A lot of debt. Risky. Prefers Dofasco.

TOP PICK

$15 Book Value. US did not include tarrifs on Canadian steel. Steel is in demand.

BUY

BV = $14. Likes the stock.

BUY

Balance sheet has been fixed up. Should rally.

DON'T BUY

Not his favourite. Prefers Dofasco.

TOP PICK

Balance sheet has changed. Only 20 million shares outstanding. Very cheap.

DON'T BUY

Not sure that steel prices are sustainable. Algoma is the risker end of the steels.

BUY

Had a good run, but still has some upside left.

DON'T BUY

Has a long way to go. Prefers Ipsco. Needs better numbers.

Showing 106 to 120 of 121 entries

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Algoma Steel Group Inc (ASTL.TO)