Transition Metals (CVE:XTM) Shares Down 2.7%

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Transition Metals Corp (CVE:XTM)’s share price was down 2.7% during mid-day trading on Friday . The stock traded as low as C$0.17 and last traded at C$0.18, approximately 101,100 shares traded hands during mid-day trading. A decline of 12% from the average daily volume of 115,303 shares. The stock had previously closed at C$0.19.

The stock has a 50-day simple moving average of C$0.18 and a 200 day simple moving average of C$0.16. The stock has a market capitalization of $8.40 million and a price-to-earnings ratio of -7.00.

About Transition Metals (CVE:XTM)

Transition Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company has a portfolio of approximately 25 gold, copper, nickel, and platinum projects primarily in Ontario, Nunavut, British Columbia, Nova Scotia, New Brunswick, Newfoundland, and Saskatchewan.

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