Transition Metals (CVE:XTM) Trading Up 62.5% – Here’s What Happened

Transition Metals Corp. (CVE:XTMGet Free Report) shares were up 62.5% during mid-day trading on Saturday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 1,202,433 shares changed hands during trading, an increase of 647% from the average daily volume of 160,945 shares. The stock had previously closed at C$0.04.

Transition Metals Price Performance

The company has a market cap of C$4.65 million, a price-to-earnings ratio of -3.55 and a beta of 1.73. The firm’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.04.

Transition Metals Company Profile

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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.

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