Transition Metals (CVE:XTM) Hits New 1-Year Low – Time to Sell?

Shares of Transition Metals Corp. (CVE:XTMGet Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 5000 shares changing hands. The stock had previously closed at C$0.06.

Transition Metals Price Performance

The company has a market capitalization of C$5.69 million, a price-to-earnings ratio of 1.62 and a beta of 1.51. The business’s 50 day simple moving average is C$0.06 and its 200 day simple moving average is C$0.07.

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. Transition Metals Corp. is based in Sudbury, Canada.

Further Reading

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