Transition Metals Corp. (CVE:XTM – Get Free Report) shares were up 42.9% during mid-day trading on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 212,433 shares traded hands during trading, an increase of 158% from the average daily volume of 82,286 shares. The stock had previously closed at C$0.04.
Transition Metals Price Performance
The firm’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.06. The company has a market cap of C$3.58 million, a price-to-earnings ratio of -2.73 and a beta of 1.73.
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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