Transition Metals (CVE:XTM) Shares Up 25% – Should You Buy?

Transition Metals Corp. (CVE:XTMGet Free Report) shot 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 changed hands during mid-day 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 Up 25.0 %

The business’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.06. The firm has a market capitalization of C$3.58 million, a PE ratio of -2.73 and a beta of 1.73.

Transition Metals Company Profile

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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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