Transition Metals (CVE:XTM) Shares Up 62.5% – What’s Next?

Transition Metals Corp. (CVE:XTMGet Free Report) shares shot up 62.5% during mid-day trading on Friday . The company traded as high as C$0.07 and last traded at C$0.07. 1,202,433 shares were traded during 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 Stock Performance

The stock has a market cap of C$4.65 million, a P/E ratio of -3.55 and a beta of 1.73. The stock has a 50-day moving average price of C$0.04 and a 200-day moving average price of C$0.04.

Transition Metals Company Profile

(Get Free Report)

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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