Tree Island Steel Ltd. (TSE:TSL)’s share price rose 2.9% during trading on Thursday . The stock traded as high as C$3.25 and last traded at C$3.19. Approximately 4,900 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 22,049 shares. The stock had previously closed at C$3.10.

The company’s 50-day moving average is $3.19 and its 200-day moving average is $3.97. The firm has a market capitalization of $95.30 million and a PE ratio of 21.53.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 29th will be given a $0.02 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.08 annualized dividend and a dividend yield of 2.58%.

TRADEMARK VIOLATION NOTICE: “Tree Island Steel Ltd. (TSL) Stock Price Up 2.9%” was originally reported by Daily Political and is owned by of Daily Political. If you are accessing this story on another site, it was illegally stolen and reposted in violation of international copyright legislation. The legal version of this story can be viewed at

Tree Island Steel Company Profile

Tree Island Steel Ltd. manufactures and sells steel wire and wire products for industrial, construction, agricultural, and specialty applications in Canada, the United States, and internationally. It offers residential products, including bulk nails, collated nails, packaged nails and fasteners, bulk screws, and packaged nails and fasteners, as well as nail head identification systems; and woven wires, welded wires, and corners and accessories.

Receive News & Ratings for Tree Island Steel Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tree Island Steel Ltd. and related companies with's FREE daily email newsletter.