Transition Metals (CVE:XTM) Shares Up 42.9% – Here’s What Happened

Shares of Transition Metals Corp. (CVE:XTMGet Free Report) were up 42.9% during mid-day trading on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 212,433 shares traded hands during 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 firm has a market cap of C$3.58 million, a price-to-earnings ratio of -2.73 and a beta of 1.73. The stock has a 50-day moving average price of C$0.04 and a 200 day moving average price of C$0.06.

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.

Further Reading

Receive News & Ratings for Transition Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transition Metals and related companies with MarketBeat.com's FREE daily email newsletter.