TSE:ASTL

Algoma Steel Group Inc (ASTL.TO)

5.16
+0.01 (0.19%)
as of Jul 15, 2026, 2:39:14 pm Market Open.
88 watching
0
Investor Insights
star iconJul 15, 2026, 12:00 am

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

The reviews for Algoma Steel Group Inc (ASTL-T) reflect a nuanced outlook from various experts. The stock is highlighted as a speculative choice within a sector that recently showed promise, especially as related ETFs have reached all-time highs. However, concerns about cash burn and a somewhat miserable business outlook temper enthusiasm. Analysts note the importance of considering the stock's performance relative to its sector, suggesting that while the steel sector may be interesting, ASTL might not be the best option. The uncertainty surrounding the USMCA renewal and potential changes in tariffs adds an additional layer of risk, making this a position not suitable for conservative investors. At this stage, the quality of the turnaround in ASTL remains to be seen, warranting cautious consideration from potential investors.

consensus icon
Consensus
speculative
valuation icon
Valuation
undervalued
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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.
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