Transition Metals Corp. (CVE:XTM – Get Free Report)’s share price shot up 14.3% during mid-day trading on Monday . The company traded as high as C$0.08 and last traded at C$0.08. 267,500 shares traded hands during trading, an increase of 234% from the average session volume of 80,129 shares. The stock had previously closed at C$0.07.
Transition Metals Stock Performance
The firm has a market capitalization of C$6.98 million, a price-to-earnings ratio of 2.12 and a beta of 1.58. The business has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.07.
About Transition Metals
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. Transition Metals Corp. is based in Sudbury, Canada.
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