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

Transition Metals Corp. (CVE:XTMGet Free Report) hit a new 52-week low during 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. The stock had previously closed at C$0.06.

Transition Metals Trading Down 8.3%

The firm has a market cap of C$4.51 million, a PE ratio of 1.38 and a beta of 1.51. The firm has a fifty day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07.

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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