Transition Metals (CVE:XTM) Sets New 12-Month Low – Here’s Why

Transition Metals Corp. (CVE:XTM – Get Free Report) shares reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 101119 shares trading hands. The stock had previously closed at C$0.06.

Transition Metals Stock Down 8.3%

The business has a fifty day moving average of C$0.06 and a 200 day moving average of C$0.07. The company has a market cap of C$4.81 million, a P/E ratio of 1.38 and a beta of 1.51.

About Transition Metals

(Get Free Report)

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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