Transition Metals Corp. (CVE:XTM – Get Free Report) shares rose 28.6% during mid-day trading on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 170,862 shares changed hands during mid-day trading, an increase of 111% from the average daily volume of 81,048 shares. The stock had previously closed at C$0.04.
Transition Metals Price Performance
The company has a market capitalization of C$3.22 million, a PE ratio of -2.46 and a beta of 1.73. The company’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.06.
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.
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