Transition Metals Corp. (CVE:XTM – Get Free Report) shares shot up 25% during trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05. 424,041 shares changed hands during mid-day 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 Stock Performance
The company has a market capitalization of C$2.86 million, a PE ratio of -2.19 and a beta of 1.73. The firm has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.06.
About Transition Metals
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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