Transition Metals (CVE:XTM) Sets New 1-Year Low – Time to Sell?

Shares of Transition Metals Corp. (CVE:XTM – Get Free Report) reached a new 52-week low during mid-day trading on Friday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 468,025 shares trading hands. The stock had previously closed at C$0.06.

Transition Metals Stock Down 8.3%

The company has a market cap of C$4.81 million, a P/E ratio of 1.38 and a beta of 1.31. The firm’s 50 day moving average is C$0.06 and its two-hundred day moving average is C$0.07.

Transition Metals Company Profile

(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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