Transition Metals (CVE:XTM) Trading Up 50% – Should You Buy?

Transition Metals Corp. (CVE:XTMGet Free Report)’s stock price rose 50% during trading on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 1,040,566 shares were traded during trading, an increase of 544% from the average daily volume of 161,672 shares. The stock had previously closed at C$0.03.

Transition Metals Stock Up 50.0%

The firm has a 50-day moving average price of C$0.04 and a 200 day moving average price of C$0.05. The firm has a market capitalization of C$3.22 million, a PE ratio of -2.46 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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