Stifel initiated coverage of Algoma Steel Group with a rating of Hold
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/18/2023 | Hold → Buy | Stifel | |
| 6/30/2022 | Hold | Stifel | |
| 12/7/2021 | Outperform | BMO Capital Markets |
SAULT STE. MARIE, Ontario, June 24, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ:ASTL, TSX:ASTL) ("Algoma" or "the Company"), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today the results of voting at its annual meeting of shareholders (the "Meeting") held on June 24, 2025. All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as directors of the Company. The Company received proxies and virtual votes at the Meeting as set out below: NomineeVotes ForVotes WithheldTotal VotesMary Anne Bueschkens63,288,0461,619,73664,907,782Sean Donnelly63,618,6501,289,13264,907,782M
SAULT STE. MARIE, Ontario, June 04, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ:ASTL, TSX:ASTL) ("Algoma" or "the Company"), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced the release of its 2024 Sustainability Report (the "Report"), covering a nine-month transition period from April 1 to December 31, 2024. The reporting period aligns with our 2024 financial reporting period, which now corresponds to a calendar year to reflect a consistent approach to our industry peer reporting. Michael Garcia, Algoma's Chief Executive Officer, commented, "At Algoma, sustainability is not a trend—it's a strategic priority. As we are nearing
Consolidated Revenue of $517.1 Million Shipments of 470K Tons, with an 11% Quarter over Quarter increase in Plate Product Shipments, at 91K Tons Net Loss of $24.5 Million and Adjusted EBITDA Loss of $46.7 Million, Including a $50 Million Insurance Proceeds Receivable First Steel Production from Transformative Electric Arc Furnace ("EAF") Expected During Q2 2025 With no Material Change in Both Total Project Cost and 2025 EAF Production Expectations SAULT STE. MARIE, Ontario, April 29, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ:ASTL, TSX:ASTL) ("Algoma" or "the Company"), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today anno
6-K - Algoma Steel Group Inc. (0001860805) (Filer)
6-K - Algoma Steel Group Inc. (0001860805) (Filer)
SCHEDULE 13G/A - Algoma Steel Group Inc. (0001860805) (Subject)
Stifel upgraded Algoma Steel Group from Hold to Buy
Stifel initiated coverage of Algoma Steel Group with a rating of Hold
BMO Capital Markets initiated coverage of Algoma Steel Group with a rating of Outperform