Transition Metals (CVE:XTM) Trading 20% Higher – Here’s Why

Transition Metals Corp. (CVE:XTMGet Free Report)’s share price rose 20% on Monday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 142,000 shares were traded during trading, a decline of 8% from the average daily volume of 154,579 shares. The stock had previously closed at C$0.05.

Transition Metals Price Performance

The company has a market cap of C$4.29 million, a PE ratio of -3.28 and a beta of 1.73. The firm has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04.

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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