Transition Metals (CVE:XTM) Trading Up 62.5% – Should You Buy?

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 traded hands during mid-day 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 Stock Performance

The firm has a 50-day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The stock has a market cap of C$4.65 million, a PE ratio of -3.55 and a beta of 1.73.

About Transition Metals

(Get Free Report)

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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