Transition Metals Corp. (CVE:XTM – Get Free Report)’s stock price rose 20% during mid-day trading on Monday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 142,000 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 154,579 shares. The stock had previously closed at C$0.05.
Transition Metals Trading Up 20.0%
The stock has a market capitalization of C$4.29 million, a price-to-earnings ratio of -3.28 and a beta of 1.73. The business has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04.
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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