Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) were down 17.6% during trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 203,015 shares were traded during trading, an increase of 121% from the average daily volume of 92,044 shares. The stock had previously closed at C$0.09.
Transition Metals Price Performance
The company’s 50-day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.08. The firm has a market capitalization of C$6.14 million, a P/E ratio of 2.50 and a beta of 2.03.
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. Transition Metals Corp. is based in Sudbury, Canada.
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