Transition Metals Corp. (CVE:XTM – Get Free Report) shares shot up 28.6% during mid-day trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. 192,433 shares traded hands during trading, an increase of 135% from the average session volume of 81,730 shares. The stock had previously closed at C$0.04.
Transition Metals Stock Up 42.9 %
The company’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.06. The firm has a market cap 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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