Transition Metals (CVE:XTM) Hits New 52-Week Low – Here’s Why

Transition Metals Corp. (CVE:XTMGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 108647 shares traded. The stock had previously closed at C$0.04.

Transition Metals Trading Up 14.3 %

The firm’s fifty day moving average price is C$0.05 and its 200-day moving average price is C$0.06. The company has a market cap of C$2.86 million, a P/E ratio of -2.19 and a beta of 1.73.

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.

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