Transition Metals (CVE:XTM) Sets New 12-Month Low – Here’s Why

Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 101119 shares. The stock had previously closed at C$0.06.

Transition Metals Stock Performance

The company has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07. The firm has a market capitalization of C$4.81 million, a P/E ratio of 1.38 and a beta of 1.51.

About Transition Metals

(Get Free Report)

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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