Transition Metals Corp. (CVE:XTM – Get Free Report) shares rose 25% during trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 424,041 shares changed hands during mid-day 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 Trading Down 20.0 %
The firm’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.06. The company has a market capitalization of C$2.86 million, a price-to-earnings ratio of -2.19 and a beta of 1.73.
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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