Transition Metals Corp. (CVE:XTM – Get Free Report) was up 42.9% during mid-day trading on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 212,433 shares traded hands during mid-day trading, an increase of 158% from the average daily volume of 82,286 shares. The stock had previously closed at C$0.04.
Transition Metals Price Performance
The business has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.06. The company has a market cap of C$3.58 million, a PE ratio of -2.73 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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