Donald Smith & Co Reduces Algoma Steel Holdings Amidst Financial Challenges

Donald Smith & Co has reduced its stake in Algoma Steel Group Inc by 103,148 shares, accounting for a -0.01% portfolio impact. The firm's deep-value investment strategy focuses on undervalued stocks with growth potential. Algoma Steel has faced financial challenges, with weak profitability and growth metrics, and a GF Score of 50/100 indicating poor future performance potential. The stock's GF Value is $6.43, suggesting a possible value trap.