Transition Metals (CVE:XTM) Trading Up 25% – Still a Buy?

Transition Metals Corp. (CVE:XTMGet Free Report) rose 25% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 424,041 shares changed hands during 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 Trading Down 20.0 %

The business has a 50 day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.06. The stock has a market cap of C$2.86 million, a price-to-earnings ratio of -2.19 and a beta of 1.73.

Transition Metals Company Profile

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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.

Further Reading

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