Transition Metals Corp. (CVE:XTM – Get Free Report)’s stock price dropped 16.7% on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 1,876,735 shares traded hands during mid-day trading, an increase of 1,163% from the average daily volume of 148,542 shares. The stock had previously closed at C$0.03.
Transition Metals Price Performance
The stock has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.05. The stock has a market cap of C$1.79 million, a P/E ratio of -1.37 and a beta of 1.73.
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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