Transition Metals (CVE:XTM) Sets New 52-Week Low – Here’s Why

Transition Metals Corp. (CVE:XTMGet Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 315000 shares. The stock had previously closed at C$0.06.

Transition Metals Price Performance

The firm has a market cap of C$4.51 million, a P/E ratio of 1.38 and a beta of 1.58. The stock’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.07.

Transition Metals Company Profile

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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. Transition Metals Corp. is based in Sudbury, Canada.

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