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Tree Island Steel Ltd(TSL-T)
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Tree Island Steel: Top 10 Undervalued Basic Materials Sector Stocks on TSX (TSL)

The Globe and Mail - Tue May 2, 2023
Sector

Tree Island Steel is now ranked among the top 10 undervalued stocks in the Basic Materials sector on the Toronto Stock Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below). The basic materials sector includes commodity focused companies working in mining and minerals, lumber and pulp and paper, chemicals, agriculture as well as coking coal and steel.

All data provided as-at market close April 30, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Tree Island Steel Tree Island Steel Ltd is a producer and supplier of steel wire and products. The company's products include collated and bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products. Tree Island Steel is listed under TSL on the Toronto Stock Exchange.

Symbol

Name

Close Price

Shares Outstanding

P/E

P/B

Cash per Share

Net Cash per Share

TSL-TTree Island Steel2.9902.6000
SMT-TSierra Metals0.400000
WM-TWallbridge Mining Co0.1600000
ESM-TEuro Sun Mining0.0400000
BSX-TBelo Sun Mining0.0700000
BOS-TAirBoss of America7.2800000
GMTN-TGold Mountain Mining0.1700000
NVO-TNovo Resources0.300000
SGLD-TSabre Gold Mines0.1700000
MOZ-TMarathon Gold0.8600000

More about Tree Island Steel

Stocks in this category are held primarily for capital appreciation.

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