Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) were up 42.9% during trading on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 212,433 shares changed hands during mid-day trading, an increase of 158% from the average daily volume of 82,286 shares. The stock had previously closed at C$0.04.
Transition Metals Stock Performance
The firm has a market cap of C$3.58 million, a price-to-earnings ratio of -2.73 and a beta of 1.73. The company’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.06.
Transition Metals Company Profile
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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