Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) rose 42.9% on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 212,433 shares were traded during mid-day 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 Price Performance
The firm has a market capitalization of C$2.86 million, a P/E ratio of -2.19 and a beta of 1.73. The company has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.06.
Transition Metals Company Profile
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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