Algoma Steel Group Ord Shs ASTL

Primary Symbol: T.ASTL Alternate Symbol(s): T.ASTL.W | ASTLW

Steel Steel Materials

Algoma Steel Group Inc. (Algoma) is a Canada-based integrated producer of hot and cold rolled steel products including sheet and plate. The Company delivers customer-driven product solutions to applications in the automotive, construction, energy, defense, and manufacturing sectors. The Company is a key supplier of steel products to customers in North America and is the only producer of discrete plate products in Canada. Its plate products include AR225, Heat Treated Plate, AlgoLaser, AlgoGrip and The Heavies. Its plate products include Hot Rolled Sheet - DSPC, Hot Rolled Sheet - 106'' Mill, AR200, Cold Rolled and Floor Plate. The Company has a raw steel production capacity of an estimated 2.8 million tons per year. Its Direct Strip Production Complex is a thin slab caster coupled with direct hot rolling in North America. In addition, its heat-treated plate facility provides a full range of heat-treated products for abrasion resistant, ballistic and other specialty plate applications.

TSX:ASTL - Post by User

Algoma Steel Group Ord Shs > Earnings

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Comment by Stocker46on Nov 12, 2021 11:13am

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Post# 34119712

RE:RE:Earnings

Looking at Sedar, Algoma is reporting a quarterly EPS of $4.02. .. based on outstanding shares of 71.7 M.
With - note 1 below which reads "Retrospectively adjusted to reflect the reverse stock split, described below".

The TXS is showing outstanding shares of 112 M.
Perhaps others were aware of this but it now looks even better than I thought.

Can't believe the SP is down this morning.

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A junior copper-gold stock trading at a bargain of monumental proportions