Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) shot up 25% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 424,041 shares were traded 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 Trading Down 20.0 %
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. The company has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.06.
Transition Metals Company Profile
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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