Transition Metals (CVE:XTM) Trading 25% Higher – Here’s What Happened

Transition Metals Corp. (CVE:XTMGet Free Report) traded up 25% during mid-day trading on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. 424,041 shares changed hands during mid-day trading, an increase of 380% from the average session volume of 88,430 shares. The stock had previously closed at C$0.04.

Transition Metals Stock Down 20.0 %

The firm’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.06. The company has a market cap 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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