Treasury Metals (OTCMKTS:TSRMD) Stock Price Down 2.5% – Here’s Why

Shares of Treasury Metals Inc. (OTCMKTS:TSRMDGet Free Report) dropped 2.5% during mid-day trading on Friday . The stock traded as low as $0.5466 and last traded at $0.5469. Approximately 22,300 shares changed hands during mid-day trading, an increase of 18% from the average daily volume of 18,843 shares. The stock had previously closed at $0.5612.

Treasury Metals Price Performance

The firm has a 50 day moving average of $0.55 and a 200-day moving average of $0.55.

About Treasury Metals

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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.

Further Reading

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