Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) were down 21.4% during mid-day trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 252,605 shares traded hands during trading, an increase of 359% from the average daily volume of 55,064 shares. The stock had previously closed at C$0.07.
Transition Metals Stock Performance
The stock has a market capitalization of C$3.71 million, a price-to-earnings ratio of -2.75 and a beta of 1.73. The business has a 50-day moving average of C$0.06 and a 200-day moving average of C$0.07.
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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