Transition Metals (CVE:XTM) Shares Down 16.7% – Here’s What Happened

Transition Metals Corp. (CVE:XTMGet Free Report)’s stock price traded down 16.7% during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. 1,876,735 shares traded hands during mid-day trading, an increase of 1,163% from the average session volume of 148,542 shares. The stock had previously closed at C$0.03.

Transition Metals Stock Up 20.0 %

The stock’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.05. The stock has a market capitalization of C$2.15 million, a P/E ratio of -1.64 and a beta of 1.73.

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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