Transition Metals Corp. (CVE:XTM – Get Free Report)’s share price shot up 36.4% during mid-day trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 207,400 shares traded hands during mid-day trading, an increase of 256% from the average session volume of 58,199 shares. The stock had previously closed at C$0.06.
Transition Metals Trading Down 13.3 %
The company has a market cap of C$4.38 million, a P/E ratio of -3.25 and a beta of 1.83. The stock’s 50 day moving average is C$0.05 and its 200-day 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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