| Indicators | Browse All

Algoma Steel Group Inc. (ASTL)

Basic Materials | Steel | Sault Sainte Marie, Canada | NasdaqGM
3.61 USD -0.01 (-0.276%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:★☆☆☆☆
Hot Take | July 11, 2026, 5:42 a.m. EDT

The investment case here is fundamentally broken. The company is hemorrhaging cash with negative free cash flow and operating margins, while revenue has contracted significantly. The balance sheet is precarious, carrying nearly $942 million in debt against only $65 million in cash, resulting in a massive debt-to-equity ratio that suggests the equity value is largely a liability rather than an asset. While the stock trades at a low price relative to book value, this is a classic value trap where the market has correctly priced in the inability to service that debt or generate returns. The recent price action shows continued weakness, trading well below its 50-day moving average, confirming the bearish trend. The dividend, while seemingly stable in amount, is paid on a business that is destroying capital, making it unsustainable in the long run. Options data reinforces this pessimism, with traders stacking up cheap put insurance for the distant future, betting on a continued struggle rather than a recovery.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_74_115 ✓0.079591
MSTL_1150.093571
MSTL_740.095501
AutoTheta0.100809
AutoETS0.106237
AutoARIMA0.106237
MSTL0.111402

Forecast horizon: 60 days | Selected: MSTL_74_115

Forecast Reliability
Score 39%
H-stat 4.59
Ljung-Box p 0.000
Jarque-Bera p 0.679
Excess Kurtosis -0.53
Attribute Value
Sector Basic Materials
Ex Dividend Date 2025-05-12
Last Dividend Date 2025-05-12
Debt to Equity Ratio 272.304
Revenue per Share 17.15
Market Cap 380,452,896
Forward P/E -12.78
Beta 1.64
Profit Margins -60.03%
Website https://algoma.com

As of July 11, 2026, 5:42 a.m. EDT: Speculators are heavily positioned for downside protection, with massive open interest in out-of-the-money puts expiring in late 2027 and early 2028 (over 5,000 contracts at the $3 strike). This creates a significant 'put wall' suggesting a belief in a prolonged floor or further decline. Conversely, call activity is sparse and concentrated near the money, indicating a lack of aggressive bullish bets despite the low price.


Dividend Data

Dividend History
Date Dividend Yield %
2025-05-13 0.05 0.827815
2025-03-21 0.05 0.813008
2024-11-27 0.05 0.468604
2024-08-23 0.05 0.514403
2024-07-02 0.05 0.722543
2024-02-28 0.05 0.595238
2023-11-29 0.05 0.600962
2023-08-24 0.05 0.709220
2023-07-03 0.05 0.693481
2023-02-27 0.05 0.658762
2022-11-30 0.05 0.755287
2022-11-29 0.05 0.773994
2022-08-30 0.05 0.535332
2022-06-24 0.05 0.537057
2022-02-25 0.05 0.555556
Additional Data
exDividendDate 2025-05-13
trailingAnnualDividendRate 0.065
trailingAnnualDividendYield 0.0179558
lastDividendValue 0.05
lastDividendDate 2025-05-13
dividendDate 2025-05-30

Info Dump

Attribute Value
52 Week Change -0.45550525
Address1 105 West Street
All Time High 13.65
All Time Low 3.02
Ask 4.59
Ask Size 2
Audit Risk 2
Average Analyst Rating 2.8 - Hold
Average Daily Volume10 Day 889,890
Average Daily Volume3 Month 1,084,042
Average Volume 1,084,042
Average Volume10Days 889,890
Beta 1.64
Bid 2.66
Bid Size 2
Board Risk 4
Book Value 2.3150177
City Sault Sainte Marie
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 3.61
Current Ratio 2.447
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 3.715
Day Low 3.58
Debt To Equity 272.304
Display Name Algoma Steel
Dividend Date 1,748,563,200
Earnings Call Timestamp End 1,778,684,400
Earnings Call Timestamp Start 1,778,684,400
Earnings Timestamp 1,778,616,000
Earnings Timestamp End 1,785,355,200
Earnings Timestamp Start 1,785,355,200
Ebitda -448,200,000
Ebitda Margins -0.24025999
Enterprise To Ebitda -2.805
Enterprise To Revenue 0.674
Enterprise Value 1,257,052,928
Eps Current Year -3.05
Eps Forward -0.282392
Eps Trailing Twelve Months -7.27
Esg Populated 0
Ex Dividend Date 1,747,094,400
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 705 945 2203
Fifty Day Average 4.7047
Fifty Day Average Change -1.0947001
Fifty Day Average Change Percent -0.23268223
Fifty Two Week Change Percent -45.550526
Fifty Two Week High 7.24
Fifty Two Week High Change -3.6299999
Fifty Two Week High Change Percent -0.5013812
Fifty Two Week Low 3.02
Fifty Two Week Low Change 0.5899999
Fifty Two Week Low Change Percent 0.1953642
Fifty Two Week Range 3.02 - 7.24
Financial Currency CAD
First Trade Date Milliseconds 1,614,868,200,000
Float Shares 72,135,348
Forward Eps -0.282392
Forward P E -12.7836485
Free Cashflow -270,312,512
Full Exchange Name NasdaqGM
Full Time Employees 2,400
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins -0.34763
Gross Profits -648,499,968
Has Pre Post Market Data 1
Held Percent Insiders 0.050380003
Held Percent Institutions 0.69854
Implied Shares Outstanding 105,388,619
Industry Steel
Industry Disp Steel
Industry Key steel
Ipo Expected Date 2,021-10-20
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,747,094,400
Last Dividend Value 0.05
Last Fiscal Year End 1,767,139,200
Long Business Summary Algoma Steel Group Inc. produces and sells steel products in Canada, the United States, and internationally. The company offers flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural tube product manufacturers, and the light manufacturing and transportation industries; and plate steel products consisting of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, armored products for military applications, diameter pipelines, and wind energy generation equipment. It also provides by-products, such as furnace and buckwheat coke, braize coke, and flue dust; high sulpur beach and kish iron, BOF pit grissly and scrap, BOF and pellet fines, and mill roll scale; light oil and coal tar; granulated and air cooled slag; and machine shop turnings, used mill rolls, recycled oil, non-ferrous metal, and lime fines. The company was founded in 1901 and is headquartered in Sault Sainte Marie, Canada.
Long Name Algoma Steel Group Inc.
Market us_market
Market Cap 380,452,896
Market State PRE
Max Age 86,400
Message Board Id finmb_381324
Most Recent Quarter 1,774,915,200
Net Income To Common -1,119,800,064
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 380,815,394
Open 3.6
Operating Cashflow -170,400,000
Operating Margins -0.52946997
Overall Risk 1
Payout Ratio 0.3854
Phone 705 945 2351
Pre Market Change 0.04520011
Pre Market Change Percent 1.2520807
Pre Market Price 3.6552
Pre Market Time 1,784,025,429
Previous Close 3.62
Price Eps Current Year -1.1836065
Price Hint 4
Price To Book 1.5593833
Price To Sales Trailing12 Months 0.20394151
Profit Margins -0.60027003
Quick Ratio 1.075
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.75
Region US
Regular Market Change -0.00999999
Regular Market Change Percent -0.276243
Regular Market Day High 3.715
Regular Market Day Low 3.58
Regular Market Day Range 3.58 - 3.715
Regular Market Open 3.6
Regular Market Previous Close 3.62
Regular Market Price 3.61
Regular Market Time 1,783,972,801
Regular Market Volume 670,716
Return On Assets -0.19679001
Return On Equity -1.2244899
Revenue Growth -0.426
Revenue Per Share 17.15
Sand P52 Week Change 0.20365608
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Share Holder Rights Risk 2
Shares Outstanding 105,388,619
Shares Percent Shares Out 0.0155
Shares Short 1,631,613
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 1,609,651
Short Name Algoma Steel Group Inc.
Short Percent Of Float 0.0208
Short Ratio 1.86
Source Interval 15
State ON
Symbol ASTL
Total Cash 65,300,000
Total Cash Per Share 0.62
Total Debt 941,900,032
Total Revenue 1,865,500,032
Tradeable 0
Trailing Annual Dividend Rate 0.065
Trailing Annual Dividend Yield 0.0179558
Trailing Eps -7.27
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 4.33365
Two Hundred Day Average Change -0.7236502
Two Hundred Day Average Change Percent -0.16698399
Type Disp Equity
Volume 670,716
Website https://algoma.com
Zip P6A 7B4