Transition Metals (CVE:XTM) Hits New 1-Year Low – Here’s Why

Transition Metals Corp. (CVE:XTMGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 8091 shares. The stock had previously closed at C$0.07.

Transition Metals Stock Down 7.7%

The firm has a market capitalization of C$4.93 million, a PE ratio of 1.50 and a beta of 1.68. The business’s fifty day moving average price is C$0.07 and its 200 day moving average price is C$0.08.

About Transition Metals

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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. Transition Metals Corp. is based in Sudbury, Canada.

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