Transition Metals (CVE:XTM) Trading Down 12.5% – What’s Next?

Transition Metals Corp. (CVE:XTMGet Free Report)’s stock price traded down 12.5% on Friday . The stock traded as low as C$0.04 and last traded at C$0.04. 624,460 shares were traded during trading, an increase of 572% from the average session volume of 92,964 shares. The stock had previously closed at C$0.04.

Transition Metals Price Performance

The company has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.05. The company has a market capitalization of C$2.50 million, a P/E ratio of -1.91 and a beta of 1.73.

About Transition Metals

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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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