Transition Metals (CVE:XTM) Shares Up 25% – Should You Buy?

Transition Metals Corp. (CVE:XTMGet 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 were traded 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 firm’s 50-day moving average price is C$0.04 and its two-hundred day moving average price is C$0.06. The firm has a market capitalization of C$2.86 million, a PE ratio of -2.19 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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