Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) shot up 25% during trading on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. 424,041 shares traded hands during trading, an increase of 380% from the average session volume of 88,430 shares. The stock had previously closed at C$0.04.
Transition Metals Stock Performance
The firm has a market capitalization of C$3.58 million, a price-to-earnings ratio of -2.73 and a beta of 1.73. The business has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.06.
About Transition Metals
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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