Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) were up 25% during mid-day trading on Monday . The company 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 daily volume of 88,430 shares. The stock had previously closed at C$0.04.
Transition Metals Stock Down 20.0 %
The company has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.06. The company has a market cap of C$2.86 million, a P/E ratio of -2.19 and a beta of 1.73.
Transition Metals Company Profile
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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