Transition Metals (CVE:XTM) Stock Price Up 42.9% – Time to Buy?

Transition Metals Corp. (CVE:XTMGet Free Report) shares rose 42.9% on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 212,433 shares were traded during trading, an increase of 158% from the average daily volume of 82,286 shares. The stock had previously closed at C$0.04.

Transition Metals Stock Performance

The firm has a market cap of C$2.86 million, a PE ratio of -2.19 and a beta of 1.73. The company’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.06.

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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