Tsp Capital Management Group Lowers stake in Exeter Resource Corp (XRA)

Exeter Resource Corp (XRA) : Tsp Capital Management Group reduced its stake in Exeter Resource Corp by 12.89% during the most recent quarter end. The investment management company now holds a total of 5,069,600 shares of Exeter Resource Corp which is valued at $7,097,440 after selling 750,000 shares in Exeter Resource Corp , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Exeter Resource Corp makes up approximately 3.50% of Tsp Capital Management Group’s portfolio.

Other Hedge Funds, Including , Tower Research Capital (trc) added XRA to its portfolio by purchasing 2,000 company shares during the most recent quarter which is valued at $2,800.Royce Associates Lp reduced its stake in XRA by selling 353,225 shares or 19.75% in the most recent quarter. The Hedge Fund company now holds 1,435,400 shares of XRA which is valued at $2,081,330. Exeter Resource Corp makes up approx 0.01% of Royce Associates Lp’s portfolio. Chartist Inc Ca added XRA to its portfolio by purchasing 14,000 company shares during the most recent quarter which is valued at $20,020. Exeter Resource Corp makes up approx 0.01% of Chartist Inc Ca’s portfolio.

Exeter Resource Corp closed down -0.0799 points or -5.71% at $1.3201 with 1,83,215 shares getting traded on Friday. Post opening the session at $1.36, the shares hit an intraday low of $1.31 and an intraday high of $1.37 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Exeter Resource Corporation (Exeter) is a mineral resource exploration and development company. The Company’s principal property is the Caspiche property in northern Chile. The Company is engaged in the business of acquisition exploration and development of mineral properties located in the Maricunga Region Chile. Its 100% owned Caspiche Project in Chile (with a 3% Net Smelter Royalty to Anglo American Chile Limitada) is a gold-copper porphyry system. The Company has three wholly owned subsidiaries: Sociedad Contractual Minera Eton Chile (Eton Chile) Sociedad Contractual Minera Retexe Chile (Retexe Chile) and Eton Mining Corp (Eton). Eton Chile and Retexe Chile are Chilean corporations registered to conduct the Company’s business in Chile. Eton is a British Columbia corporation and is not active. As of December 31 2013 Exeter had been granted 48 mining exploration concessions over the original concessions vacant ground and those of third parties totaling 13400 hectare (ha).

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