Transition Metals Corp. (CVE:XTM – Get Free Report) shares rose 14.3% on Monday . The company traded as high as C$0.08 and last traded at C$0.08. 267,500 shares were traded during mid-day trading, an increase of 234% from the average session volume of 80,129 shares. The stock had previously closed at C$0.07.
Transition Metals Stock Performance
The firm has a 50-day moving average price of C$0.06 and a two-hundred day moving average price of C$0.07. The firm has a market cap of C$6.98 million, a price-to-earnings ratio of 2.12 and a beta of 1.58.
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. Transition Metals Corp. is based in Sudbury, Canada.
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