Transition Metals (CVE:XTM) Trading Up 62.5% – Time to Buy?

Transition Metals Corp. (CVE:XTMGet Free Report) shares rose 62.5% on Saturday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 1,202,433 shares were traded 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 Trading Up 62.5%

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

Transition Metals Company Profile

(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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