Transition Metals Corp. (CVE:XTM – Get Free Report)’s share price shot up 62.5% during mid-day trading on Saturday . The company traded as high as C$0.07 and last traded at C$0.07. 1,202,433 shares changed hands during mid-day trading, an increase of 647% from the average session volume of 160,945 shares. The stock had previously closed at C$0.04.
Transition Metals Price Performance
The stock’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The company has a market cap of C$4.65 million, a P/E ratio of -3.55 and a beta of 1.73.
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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