Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) shot up 28.6% during mid-day trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. 192,433 shares changed hands during mid-day trading, an increase of 135% from the average session volume of 81,730 shares. The stock had previously closed at C$0.04.
Transition Metals Stock Performance
The firm’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.06. The stock has a market capitalization of C$2.86 million, a P/E ratio of -2.19 and a beta of 1.73.
Transition Metals Company Profile
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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