Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) rose 42.9% during trading on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 212,433 shares were traded during trading, an increase of 158% from the average daily volume of 82,286 shares. The stock had previously closed at C$0.04.
Transition Metals Price Performance
The company has a market capitalization of C$3.58 million, a price-to-earnings ratio of -2.73 and a beta of 1.73. The business has a fifty day moving average price of C$0.04 and a 200 day moving average price of 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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