Transition Metals (CVE:XTM) Trading Up 28.6% – Still a Buy?

Transition Metals Corp. (CVE:XTMGet Free Report) shares were up 28.6% during mid-day trading on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 192,433 shares traded hands during mid-day trading, an increase of 135% from the average daily volume of 81,730 shares. The stock had previously closed at C$0.04.

Transition Metals Trading Up 42.9 %

The company has a market capitalization of C$3.58 million, a PE ratio of -2.73 and a beta of 1.73. The stock has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.06.

About Transition Metals

(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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