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Algoma Steel Group Inc. (ASTL): A Bull Case Theory 

This stock is one of several featured in our latest research. For more small-cap opportunities with asymmetric return potential, read our free article: 10 High-Potential Small-Caps With Market Cap Under $1B.

We came across a bullish thesis on Algoma Steel Group Inc. on Cundill Deep Value’s Substack by JiM. In this article, we will summarize the bulls’ thesis on ASTL. Algoma Steel Group Inc.'s share was trading at $3.3100 as of October 3rd. ASTL’s trailing and forward P/E were 14.30 and 9.12 respectively according to Yahoo Finance.

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