Transition Metals (CVE:XTM) Shares Down 16.7% – Time to Sell?

Transition Metals Corp. (CVE:XTMGet Free Report)’s share price traded down 16.7% during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. 1,876,735 shares were traded during mid-day trading, an increase of 1,163% from the average session volume of 148,542 shares. The stock had previously closed at C$0.03.

Transition Metals Stock Down 16.7 %

The company has a market cap of C$1.79 million, a price-to-earnings ratio of -1.37 and a beta of 1.73. The business’s fifty day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.05.

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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