Transition Metals Corp. (CVE:XTM – Get Free Report) dropped 12.5% during mid-day trading on Friday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 624,460 shares changed hands during mid-day trading, an increase of 572% from the average daily volume of 92,964 shares. The stock had previously closed at C$0.04.
Transition Metals Price Performance
The company has a market cap of C$2.50 million, a PE ratio of -1.91 and a beta of 1.73. The company’s fifty day moving average price is C$0.04 and its 200 day moving average price is C$0.05.
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.
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