Transition Metals (CVE:XTM) Trading 25% Higher – Here’s Why

Shares of Transition Metals Corp. (CVE:XTMGet Free Report) were up 25% on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 424,041 shares changed hands during trading, an increase of 380% from the average daily volume of 88,430 shares. The stock had previously closed at C$0.04.

Transition Metals Stock Down 20.0 %

The company has a market cap of C$2.86 million, a PE ratio of -2.19 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$0.06.

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.

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