Transition Metals (CVE:XTM) Trading 42.9% Higher – Time to Buy?

Transition Metals Corp. (CVE:XTMGet Free Report) was up 42.9% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 212,433 shares traded hands during mid-day 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 Trading Down 20.0 %

The company has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.06. The firm has a market capitalization of C$2.86 million, a price-to-earnings ratio of -2.19 and a beta of 1.73.

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.

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