Transition Metals Corp. (CVE:XTM – Get Free Report) shares shot 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. 212,433 shares traded hands during mid-day trading, an increase of 158% from the average session volume of 82,286 shares. The stock had previously closed at C$0.04.
Transition Metals Stock Up 42.9 %
The firm has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.06. The company has a market cap of C$3.58 million, a PE 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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