Transition Metals (CVE:XTM) Stock Price Up 62.5% – What’s Next?

Transition Metals Corp. (CVE:XTMGet Free Report)’s stock price shot up 62.5% during trading on Saturday . The stock traded as high as C$0.07 and last traded at C$0.07. 1,202,433 shares were traded during mid-day trading, an increase of 647% from the average session volume of 160,945 shares. The stock had previously closed at C$0.04.

Transition Metals Trading Up 62.5%

The company’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.04. The firm has a market cap of C$4.65 million, a PE ratio of -3.55 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.

Further Reading

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