Transition Metals (CVE:XTM) Trading 28.6% Higher – Should You Buy?

Transition Metals Corp. (CVE:XTMGet Free Report)’s stock price rose 28.6% during mid-day trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 192,433 shares traded hands during mid-day trading, an increase of 135% from the average daily volume of 81,730 shares. The stock had previously closed at C$0.04.

Transition Metals Price Performance

The stock has a 50-day moving average price of C$0.04 and a 200-day moving average price of C$0.06. The company has a market capitalization of C$2.86 million, a price-to-earnings ratio of -2.19 and a beta of 1.73.

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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