Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) traded down 16.7% on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. 1,876,735 shares traded hands during mid-day trading, an increase of 1,163% from the average session volume of 148,542 shares. The stock had previously closed at C$0.03.
Transition Metals Stock Performance
The firm has a market capitalization of C$1.79 million, a PE ratio of -1.37 and a beta of 1.73. The business’s fifty day simple moving average is C$0.04 and its 200-day simple moving average is C$0.05.
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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