Transition Metals (CVE:XTM) Shares Up 42.9% – What’s Next?

Transition Metals Corp. (CVE:XTMGet Free Report)’s share price was up 42.9% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 212,433 shares changed hands during 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 business 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$3.58 million, a price-to-earnings ratio of -2.73 and a beta of 1.73.

About Transition Metals

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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.

Further Reading

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