Transition Metals (CVE:XTM) Stock Price Up 42.9% – What’s Next?

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

Transition Metals Stock Up 42.9 %

The company has a market capitalization of C$3.58 million, a P/E ratio of -2.73 and a beta of 1.73. The stock has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.06.

About Transition Metals

(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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