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

Transition Metals Corp. (CVE:XTMGet Free Report) shares rose 25% on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 424,041 shares were traded 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 business’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.06. The stock has a market capitalization of C$2.86 million, a price-to-earnings ratio of -2.19 and a beta of 1.73.

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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