Transition Metals (CVE:XTM) Reaches New 1-Year Low – Should You Sell?

Transition Metals Corp. (CVE:XTMGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 5000 shares trading hands. The stock had previously closed at C$0.06.

Transition Metals Stock Down 8.3%

The company’s 50-day moving average is C$0.06 and its two-hundred day moving average is C$0.07. The company has a market cap of C$4.51 million, a P/E ratio of 1.38 and a beta of 1.51.

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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