Transition Metals (CVE:XTM) Trading 42.9% Higher – Should You Buy?

Transition Metals Corp. (CVE:XTMGet Free Report) shares traded up 42.9% during mid-day trading on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. 212,433 shares were traded during trading, an increase of 158% from the average session volume of 82,286 shares. The stock had previously closed at C$0.04.

Transition Metals Price Performance

The stock has a market capitalization of C$3.58 million, a P/E ratio of -2.73 and a beta of 1.73. The firm has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.06.

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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