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

Transition Metals Corp. (CVE:XTMGet Free Report) was up 25% during trading on Monday . 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 Price Performance

The stock has a market capitalization of C$2.86 million, a PE ratio of -2.19 and a beta of 1.73. The firm’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.06.

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.

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