Transition Metals (CVE:XTM) Shares Up 25% – Still a Buy?

Transition Metals Corp. (CVE:XTM) traded up 25% on Monday . The company traded as high as C$0.05 and last traded at C$0.05. 424,041 shares traded hands during trading, an increase of 380% from the average session volume of 88,430 shares. The stock had previously closed at C$0.04.

Transition Metals Stock Down 20.0 %

The business has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.06. The company has a market capitalization of C$2.86 million, a price-to-earnings ratio of -2.19 and a beta of 1.73.

Transition Metals Company Profile

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.