Transition Metals (CVE:XTM) Shares Up 25% – Time to Buy?

Transition Metals Corp. (CVE:XTMGet Free Report) rose 25% during trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 424,041 shares traded hands during trading, an increase of 380% from the average daily volume of 88,430 shares. The stock had previously closed at C$0.04.

Transition Metals Trading Up 25.0 %

The stock has a market cap of C$3.58 million, a P/E ratio of -2.73 and a beta of 1.73. The company’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.06.

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.

Further Reading

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