Diamond Hill Capital Management LLC Investment Advisor Makes New $20.50 Million Investment in Treasury Metals Inc. $TSRMD

Diamond Hill Capital Management LLC Investment Advisor bought a new position in shares of Treasury Metals Inc. (OTCMKTS:TSRMD) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,979,781 shares of the company’s stock, valued at approximately $20,501,000.

Separately, Alberta Investment Management Corp purchased a new stake in shares of Treasury Metals in the second quarter valued at approximately $4,118,000.

Treasury Metals Price Performance

Shares of 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 business’s 50 day moving average is $0.55 and its 200 day moving average is $0.55.

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.