Transition Metals (CVE:XTM) Reaches New 52-Week Low – Should You Sell?

Transition Metals Corp. (CVE:XTMGet Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 27780 shares trading hands. The stock had previously closed at C$0.05.

Transition Metals Stock Down 11.1 %

The firm has a market cap of C$2.70 million, a price-to-earnings ratio of -2.00 and a beta of 1.73. The stock’s 50 day moving average is C$0.05 and its 200 day moving average is C$0.06.

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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