Algoma Steel Soars 13.94% to Day High Amid Market Decline

Algoma Steel Group, Inc. has experienced a significant uptick in its stock performance, gaining 13.94% on October 14, 2025. The stock reached an intraday high of CAD 5.70, marking a notable moment in its trading activity. Despite this daily surge, the company's longer-term performance remains concerning, with a one-year decline of 59.01%, significantly underperforming the S&P/TSX 60, which has seen a 20.71% increase over the same period.
In the past week, Algoma Steel has shown a 10.37% increase, contrasting with a 2.39% decline in the S&P/TSX 60. However, the company has faced challenges, including a staggering 758.71% year-over-year increase in raw material costs and a pre-tax profit loss of CAD 136.5 million. The market capitalization stands at CAD 675 million, categorizing it as a small-cap stock. With a debt-to-equity ratio of 0.44 and a return on equity of -24.79%, Algoma Steel's financial metrics indicate a complex landscape for investors.