Transition Metals (CVE:XTM) Trading Up 42.9% – Here’s Why

Transition Metals Corp. (CVE:XTMGet Free Report) shares traded up 42.9% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. 212,433 shares traded hands during mid-day trading, an increase of 158% from the average session volume of 82,286 shares. The stock had previously closed at C$0.04.

Transition Metals Price Performance

The stock has a market capitalization of C$3.58 million, a PE ratio of -2.73 and a beta of 1.73. The stock’s 50 day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.06.

Transition Metals Company Profile

(Get Free Report)

Transition Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. It explores for gold, silver, copper, nickel, platinum group metal, and palladium. The company engages in various projects, that includes the Thunder Bay, Pike Warden, Saskatchewan, Abitibi gold, Sudbury Area, and other projects.

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