Transition Metals (XTM) Given a C$0.38 Price Target by Fundamental Research Analysts

Transition Metals (CVE:XTM) received a C$0.38 price target from research analysts at Fundamental Research in a research report issued on Thursday. The firm presently has a “buy” rating on the stock. Fundamental Research’s target price indicates a potential upside of 181.48% from the stock’s current price.

Transition Metals (XTM) traded up C$0.01 on Thursday, reaching C$0.14. 69,500 shares of the company were exchanged, compared to its average volume of 29,164. The firm has a market capitalization of $5.60, a price-to-earnings ratio of -2.25 and a beta of -9.50. Transition Metals has a 52-week low of C$0.12 and a 52-week high of C$0.24.

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Transition Metals Company Profile

Transition Metals Corp. acquires and explores mineral exploration properties primarily in Canada. The company primarily explores for gold, copper, diamonds, nickel, and platinum group metals. It holds interests in the Abitibi gold project covering an area of 165 square kilometers of exploration projects located in the Abitibi greenstone belt, Ontario; Janice Lake property consisting of 8 mining claims situated in Saskatchewan; and Doherty Lake project with 5 claims located in the DeMorest Township, Ontario.

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