Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) dropped 21.4% during trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 252,605 shares were traded during mid-day trading, an increase of 359% from the average daily volume of 55,064 shares. The stock had previously closed at C$0.07.
Transition Metals Trading Down 21.4 %
The company has a fifty day moving average price of C$0.06 and a 200-day moving average price of C$0.07. The firm has a market cap of C$3.71 million, a price-to-earnings ratio of -2.75 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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