William Blair Investment Management LLC Buys New Stake in Treasury Metals Inc. $TSRMD

William Blair Investment Management LLC purchased a new stake in Treasury Metals Inc. (OTCMKTS:TSRMD) during the second quarter, according to its most recent filing with the SEC. The fund purchased 1,199,189 shares of the company’s stock, valued at approximately $8,250,000.

Several other hedge funds have also bought and sold shares of the stock. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in shares of Treasury Metals during the second quarter valued at about $20,501,000. BlackRock Inc. purchased a new stake in shares of Treasury Metals in the second quarter worth about $11,698,000. Deutsche Bank AG purchased a new stake in shares of Treasury Metals in the second quarter worth about $9,097,000. Alberta Investment Management Corp purchased a new stake in shares of Treasury Metals in the second quarter worth about $4,118,000. Finally, Persistent Asset Partners Ltd bought a new position in Treasury Metals during the second quarter valued at approximately $1,474,000.

Treasury Metals Stock Performance

OTCMKTS TSRMD opened at $0.55 on Monday. The business has a 50 day simple moving average of $0.55 and a two-hundred day simple moving average of $0.55. Treasury Metals Inc. has a 1-year low of $0.34 and a 1-year high of $0.85.

Treasury Metals Profile

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.