Transition Metals (CVE:XTM) Trading 25% Higher – Here’s Why

Transition Metals Corp. (CVE:XTMGet Free Report) traded up 25% during mid-day trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 424,041 shares were traded 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 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 fifty day moving average is C$0.04 and its 200-day 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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