Transition Metals Corp. (CVE:XTM – Get Free Report) was up 50% during trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 1,013,666 shares traded hands during mid-day trading, an increase of 528% from the average daily volume of 161,340 shares. The stock had previously closed at C$0.03.
Transition Metals Price Performance
The stock has a market capitalization of C$3.22 million, a P/E ratio of -2.46 and a beta of 1.73. The stock’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.05.
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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