Transition Metals (CVE:XTM) Trading Up 40% – Still a Buy?

Transition Metals Corp. (CVE:XTMGet Free Report)’s stock price was up 40% during trading on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 1,024,329 shares were traded during trading, an increase of 547% from the average daily volume of 158,306 shares. The stock had previously closed at C$0.08.

Transition Metals Trading Down 10.0%

The company’s 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.06. The stock has a market capitalization of C$6.46 million, a PE ratio of -4.50 and a beta of 2.92.

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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