Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) shot up 25% during mid-day trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 424,041 shares were traded during trading, an increase of 380% from the average session volume of 88,430 shares. The stock had previously closed at C$0.04.
Transition Metals Stock Performance
The stock’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 capitalization of C$3.58 million, a price-to-earnings ratio of -2.73 and a beta of 1.73.
Transition Metals Company Profile
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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