Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) shot up 62.5% during mid-day trading on Saturday . The company traded as high as C$0.07 and last traded at C$0.07. 1,202,433 shares traded hands during trading, an increase of 647% from the average session volume of 160,945 shares. The stock had previously closed at C$0.04.
Transition Metals Price Performance
The company has a market capitalization of C$4.65 million, a price-to-earnings ratio of -3.55 and a beta of 1.73. The firm has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04.
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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