Transition Metals Corp. (CVE:XTM – Get Free Report)’s share price rose 36.4% on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 207,400 shares traded hands during trading, an increase of 256% from the average daily volume of 58,199 shares. The stock had previously closed at C$0.06.
Transition Metals Price Performance
The stock has a market capitalization of C$4.38 million, a P/E ratio of -3.25 and a beta of 1.83. The company’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.06.
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.
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