Transition Metals Corp. (CVE:XTM – Get Free Report) shares fell 20% on Thursday . The company traded as low as C$0.04 and last traded at C$0.04. 211,400 shares changed hands during mid-day trading, an increase of 317% from the average session volume of 50,720 shares. The stock had previously closed at C$0.05.
Transition Metals Price Performance
The firm has a market capitalization of C$2.69 million, a P/E ratio of -2.00 and a beta of 1.83. The stock’s 50-day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.06.
About Transition Metals
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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