Transition Metals (CVE:XTM) Stock Price Up 42.9% – What’s Next?

Transition Metals Corp. (CVE:XTMGet Free Report)’s share price traded up 42.9% during trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. 212,433 shares changed hands during mid-day trading, an increase of 158% from the average session volume of 82,286 shares. The stock had previously closed at C$0.04.

Transition Metals Stock Performance

The company’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.06. The company has a market capitalization of C$3.58 million, a PE ratio of -2.73 and a beta of 1.73.

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.

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