Transition Metals Corp. (CVE:XTM – Get Free Report)’s share price rose 25% on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 424,041 shares changed hands during mid-day 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 company has a market cap of C$2.86 million, a price-to-earnings ratio of -2.19 and a beta of 1.73. The company’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.06.
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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