Transition Metals (CVE:XTM) Reaches New 12-Month Low – Here’s What Happened

Transition Metals Corp. (CVE:XTM – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday. The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 294320 shares. The stock had previously closed at C$0.07.

Transition Metals Stock Down 15.4%

The business’s 50 day simple moving average is C$0.06 and its 200 day simple moving average is C$0.07. The stock has a market cap of C$4.81 million, a price-to-earnings ratio of 1.38 and a beta of 1.31.

Transition Metals Company Profile

(Get Free Report)

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.

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