William Blair Investment Management LLC acquired a new stake in Treasury Metals Inc. (OTCMKTS:TSRMD – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,199,189 shares of the company’s stock, valued at approximately $8,250,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Diamond Hill Capital Management LLC Investment Advisor bought a new position in shares of Treasury Metals during the 2nd quarter valued at approximately $20,501,000. BlackRock Inc. bought a new stake in Treasury Metals in the second quarter worth $11,698,000. Deutsche Bank AG bought a new stake in Treasury Metals in the second quarter worth $9,097,000. Alberta Investment Management Corp bought a new stake in Treasury Metals in the second quarter worth $4,118,000. Finally, Persistent Asset Partners Ltd purchased a new position in Treasury Metals during the second quarter worth $1,474,000.
Treasury Metals Stock Down 2.5%
OTCMKTS TSRMD opened at $0.55 on Monday. Treasury Metals Inc. has a 52 week low of $0.34 and a 52 week high of $0.85. The company has a fifty day moving average of $0.55 and a two-hundred day moving average of $0.55.
About Treasury Metals
Treasury Metals Inc is a Canadian-based mineral exploration and development company focused on gold projects in northwestern Ontario. The company’s flagship asset is the Goliath Gold Complex, which encompasses the Goliath and Goldlund deposits. Treasury Metals is advancing these bulk-tonnage, low-grade gold resources through detailed engineering, environmental studies and permitting efforts.
The Goliath Gold Project is situated near Dryden, Ontario, and benefits from established infrastructure, including all-season roads, nearby power lines and a regional port on Lake Superior.
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