Transition Metals (CVE:XTM) Trading 25% Higher – Here’s Why

Transition Metals Corp. (CVE:XTMGet Free Report)’s stock price traded up 25% during trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. 424,041 shares changed hands during mid-day trading, an increase of 380% from the average session volume of 88,430 shares. The stock had previously closed at C$0.04.

Transition Metals Trading Down 20.0 %

The firm has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average 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

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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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