Transition Metals (CVE:XTM) Shares Up 28.6% – Still a Buy?

Transition Metals Corp. (CVE:XTMGet Free Report)’s stock price traded up 28.6% on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. 170,862 shares changed hands during mid-day trading, an increase of 111% from the average session volume of 81,048 shares. The stock had previously closed at C$0.04.

Transition Metals Stock Down 20.0 %

The stock has a fifty day moving average of C$0.04 and a 200-day moving average of C$0.06. The firm has a market capitalization of C$2.86 million, a P/E ratio of -2.19 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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