Transition Metals (CVE:XTM) Trading 25% Higher – Should You Buy?

Transition Metals Corp. (CVE:XTMGet Free Report) shares traded up 25% on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. 424,041 shares changed hands during trading, an increase of 380% from the average session volume of 88,430 shares. The stock had previously closed at C$0.04.

Transition Metals Price Performance

The stock has a market cap of C$3.58 million, a P/E ratio of -2.73 and a beta of 1.73. The stock’s fifty day simple moving average is C$0.04 and its 200-day simple moving average is C$0.06.

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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