Transition Metals (CVE:XTM) Stock Price Up 62.5% – Should You Buy?

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

Transition Metals Stock Performance

The stock has a market cap of C$4.65 million, a P/E ratio of -3.55 and a beta of 1.73. The stock’s fifty day simple moving average is C$0.04 and its 200-day simple moving average is C$0.04.

Transition Metals Company Profile

(Get Free Report)

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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