Transition Metals (CVE:XTM) Shares Up 42.9% – What’s Next?

Transition Metals Corp. (CVE:XTMGet Free Report)’s stock price was up 42.9% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 212,433 shares were traded during mid-day 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 Stock Up 42.9 %

The business has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.06. The stock has a market capitalization of C$3.58 million, a P/E ratio of -2.73 and a beta of 1.73.

Transition Metals Company Profile

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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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