Transition Metals Corp. (CVE:XTM – Get Free Report) was down 17.6% on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 203,015 shares were traded during trading, an increase of 121% from the average daily volume of 92,044 shares. The stock had previously closed at C$0.09.
Transition Metals Trading Down 11.8%
The company has a market capitalization of C$6.14 million, a price-to-earnings ratio of 2.50 and a beta of 2.03. The firm’s 50 day simple moving average is C$0.08 and its 200-day simple moving average is C$0.08.
About Transition Metals
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. Transition Metals Corp. is based in Sudbury, Canada.
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