Transition Metals (CVE:XTM) Hits New 1-Year Low – Here’s Why

Transition Metals Corp. (CVE:XTMGet Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 8091 shares trading hands. The stock had previously closed at C$0.07.

Transition Metals Stock Performance

The company’s fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.08. The firm has a market capitalization of C$4.93 million, a PE ratio of 1.50 and a beta of 1.68.

About Transition Metals

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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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