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Algoma Steel Group Inc. (ASTL)

NASDAQ: ASTL · Delayed Price · USD
11.10
0.44 (4.13%)
At close: Nov 29, 2021 4:00 PM
10.56
-0.54 (-4.86%)
Pre-market:Nov 30, 2021 5:41 AM EST
Market Cap796.62M
Revenue (ttm)n/a
Net Income (ttm)n/a
Shares Out71.77M
EPS (ttm)5.80
PE Ratio1.91
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume871,524
Open11.05
Previous Close10.66
Day's Range10.85 - 11.38
52-Week Range10.43 - 13.65
Betan/a
Analystsn/a
Price Targetn/a
Earnings DateNov 11, 2021

About ASTL

Algoma Steel Group Inc. produces and sells steel products primarily in North America. It provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled, floor plate, and cut-to-length products for the automotive industry; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. ...

IndustrySteel
Founded1902
CEOKalyan Ghosh
Employees2,677
Stock ExchangeNASDAQ
Ticker SymbolASTL
Full Company Profile

Financial Performance

In 2020, ASTL's revenue was $1.79 billion, a decrease of -8.28% compared to the previous year's $1.96 billion. Losses were -$76.10 million, -56.74% less than in 2019.

Financial Statements

News

Algoma Steel Group Announces Fiscal 2022 Second Quarter Results

Record Second Quarter Revenue, Adjusted EBITDA and Free Cash Flow Driven by Higher Price Realizations and Cost Containment Initiatives

2 weeks ago - GlobeNewsWire

Algoma Steel Announces Final Investment Decision for Electric Arc Steelmaking

Positions Algoma for Long-Term Growth as a Leading North American Producer of Green Steel Positions Algoma for Long-Term Growth as a Leading North American Producer of Green Steel

2 weeks ago - GlobeNewsWire

Algoma Steel to Announce Fiscal 2022 Second Quarter Results November 11, 2021

SAULT STE. MARIE, Ontario, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate produc...

4 weeks ago - GlobeNewsWire

Algoma and Triple M Metal Establish Metals Sourcing Joint Venture

SAULT STE. MARIE, Ontario, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (“Algoma”) (NASDAQ: ASTL; TSX: ASTL), a leading Canadian producer of hot and cold rolled steel sheet and plate produc...

1 month ago - GlobeNewsWire

Algoma Announces Retirement of Chief Commercial Officer

SAULT STE. MARIE, Ontario, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (“Algoma”) (NASDAQ: ASTL; TSX: ASTL), a leading Canadian producer of hot and cold rolled steel sheet and plate produc...

1 month ago - GlobeNewsWire

Algoma Steel Receives Upgrade from S&P Global Ratings

SAULT STE. MARIE, Ontario, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (“Algoma”) (NASDAQ: ASTL; TSX: ASTL), a leading Canadian producer of hot and cold rolled steel sheet and plate produc...

1 month ago - GlobeNewsWire

Algoma Steel Expands and Diversifies Board

SAULT STE. MARIE, Ontario., Oct. 22, 2021 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc., with operations based in Sault Ste. Marie, Ontario (“Algoma”) (NASDAQ: ASTL, ASTLW; TSX: ASTL, ASTL.WT), a leading ...

1 month ago - GlobeNewsWire

Legato Merger Corp. Receives Stockholder Approval for its Business Combination with Algoma Steel

NEW YORK, NEW YORK and SAULT STE. MARIE, ONTARIO, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Legato Merger Corp. (“Legato”) (Nasdaq: LEGO), a U.S. publicly-traded special purpose acquisition company, and Algoma ...

1 month ago - GlobeNewsWire

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Legato Merger Corp. - LEGO

NEW YORK, July 12, 2021 /PRNewswire/ --  Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Actio...

4 months ago - PRNewsWire

Moore Kuehn Encourages FMBI, LWAC, LEGO and FORE Investors to Contact Law Firm

NEW YORK, June 21, 2021 /PRNewswire/ -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whe...

Other symbols:FMBIFORE
5 months ago - PRNewsWire

Algoma Steel Gets SPAC Deal: What Investors Should Know

With the price of steel booming, a more than 100-year-old steel manufacturer is going public in a SPAC merger. The SPAC Deal: Algoma Steel is going public in a SPAC merger with Legato Merger Corp (NASDA...

6 months ago - Benzinga

Algoma Steel and Legato Merger Corp. Sign Definitive Merger Agreement

Transaction to result in Algoma Steel becoming a publicly listed company. At $10.00 per share of Legato common stock, this all-stock transaction values the combined company at an enterprise value of app...

6 months ago - PRNewsWire

Legato Merger Corp. Announces Separate Trading of its Common Stock and Warrants

NEW YORK, March 03, 2021 (GLOBE NEWSWIRE) -- Legato Merger Corp. (NASDAQ: LEGOU) (the “Company”) announced today that, commencing on or about March 4, 2021, holders of its units sold in the Company's in...

8 months ago - GlobeNewsWire

Legato Merger Corp. Announces Closing of Full Overallotment Option From Initial Public Offering

New York, NY, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Legato Merger Corp.(NASDAQ: LEGOU) (the “Company”) announced today that it consummated the sale of an additional 3,075,000 units pursuant to the over-allo...

10 months ago - GlobeNewsWire

U.S. IPO Weekly Recap: The IPO Market Has No Time To RLX In A 6-IPO Week

The 2021 IPO market continued gaining momentum this past week as six IPOs and 14 SPACs raised $6.2 billion. The IPO pipeline remained active as well, with 36 new filings from IPOs and SPACs combined.

Other symbols:DFHHUDIMNTKMYTEPAXRLX
10 months ago - Seeking Alpha

Legato Merger Corp. Announces Closing of Upsized $205,000,000 Initial Public Offering

New York, NY, Jan. 22, 2021 (GLOBE NEWSWIRE) -- Legato Merger Corp.(NASDAQ: LEGOU) (the “Company”) announced today that it consummated its upsized initial public offering of 20,500,000 units at $10.00 p...

10 months ago - GlobeNewsWire

SPAC Watch: 6 Notable IPOs This Week

In addition to the COVID-19 pandemic and the election of Joe Biden, one of the biggest stories of 2020 was the surge in initial public offerings (IPOs) from special-purpose acquisition companies, aka SP...

10 months ago - 24/7 Wall Street

Legato Merger Corp. Announces Pricing of Upsized $205,000,000 Initial Public Offering

New York, NY, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Legato Merger Corp.(NASDAQ: LEGOU) (the “Company”) announced today that it priced its upsized initial public offering of 20,500,000 units at $10.00 per un...

10 months ago - GlobeNewsWire