Transition Metals (XTM) Stock Overview

Engages in the acquisition and exploration of mineral properties in Canada and the United States. More details

XTM fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 96.8% below our estimate of its fair value

Became profitable this year

Risk Analysis

Does not have a meaningful market cap (CA$6M)

High level of non-cash earnings

Highly volatile share price over the past 3 months compared to the Canadian market

Makes less than USD$1m in revenue (CA$0)

+ 1 more risk

XTM Community Fair Values

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Transition Metals Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Transition Metals
Historical stock prices
Current Share Price	CA$0.065
52 Week High	CA$0.11
52 Week Low	CA$0.055
Beta	2.28
1 Month Change	-7.14%
3 Month Change	0%
1 Year Change	0%
3 Year Change	-13.33%
5 Year Change	-59.38%
Change since IPO	-59.38%

Recent updates

Analysis Article • Feb 03

We're Not So Sure You Should Rely on Transition Metals' (CVE:XTM) Statutory Earnings

As a general rule, we think profitable companies are less risky than companies that lose money. Having said that...

Shareholder Returns

	XTM	CA Metals and Mining	CA Market
7D	0%	0.1%	0.2%
1Y	0%	44.4%	21.5%

Return vs Industry: XTM underperformed the Canadian Metals and Mining industry which returned 44.4% over the past year.

Return vs Market: XTM underperformed the Canadian Market which returned 21.5% over the past year.

Price Volatility

Is XTM's price volatile compared to industry and market?
XTM volatility
XTM Average Weekly Movement	17.5%
Metals and Mining Industry Average Movement	10.5%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	16.0%
10% least volatile stocks in CA Market	3.6%

Stable Share Price: XTM's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: XTM's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Scott McLean	www.transitionmetalscorp.com

Transition Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. It explores for gold, copper, nickel, zinc, and tungsten deposits. Transition Metals Corp. is based in Sudbury, Canada.

Transition Metals Corp. Fundamentals Summary

How do Transition Metals's earnings and revenue compare to its market cap?
XTM fundamental statistics
Market cap	CA$5.69m
Earnings (TTM)	CA$2.48m
Revenue (TTM)	n/a

2.3x

P/E Ratio

0.0x

P/S Ratio

Is XTM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
XTM income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	-CA$2.48m
Earnings	CA$2.48m

Last Reported Earnings

May 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)	0.028
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did XTM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/20 09:42
End of Day Share Price	2026/09/18 00:00
Earnings	2026/05/31
Annual Earnings	2025/08/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Transition Metals Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Transition Metals (XTM) Stock Overview

Rewards

Risk Analysis

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Transition Metals Corp. Competitors

Searchlight Resources

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Price History & Performance

Recent News & Updates

New major risk - Earnings quality

Transition Metals Commences 2026 Exploration Program At Pike Warden Epithermal Gold-Silver and Porphyry Copper Project Yukon

New major risk - Share price stability

New minor risk - Shareholder dilution

Transition Metals Corp. announced that it has received CAD 0.618844 million in funding

New minor risk - Share price stability

Recent updates

New major risk - Earnings quality

Transition Metals Commences 2026 Exploration Program At Pike Warden Epithermal Gold-Silver and Porphyry Copper Project Yukon

New major risk - Share price stability

New minor risk - Shareholder dilution

Transition Metals Corp. announced that it has received CAD 0.618844 million in funding

New minor risk - Share price stability

Transition Metals Corp. announced that it expects to receive CAD 1 million in funding

New major risk - Earnings quality

Transition Metals Corp., Annual General Meeting, Feb 18, 2026

New minor risk - Shareholder dilution

Transition Metals Corp. announced that it has received CAD 0.758133 million in funding

Transition Metals Corp. announced that it expects to receive CAD 0.7 million in funding

New major risk - Financial position

New minor risk - Shareholder dilution

Transition Metals Corp., Annual General Meeting, Feb 21, 2025

Transition Metals Corp. announced that it has received CAD 0.3 million in funding

Transition Metals Corp. announced that it expects to receive CAD 0.3 million in funding

New major risk - Financial data availability

Transition Metals Corp. Initiates ZTEM Survey At Pike Warden, Yukon

New major risk - Share price stability

Transition Metals Corp., Annual General Meeting, Feb 21, 2024

New major risk - Share price stability

Transition Metals Corp. Completes Ground Fixed Loop Electromagnetic Survey

New minor risk - Shareholder dilution

Transition Metals Corp. announced that it has received CAD 1.000014 million in funding

Transition Metals Corp. Provides an Interpretation of Results from Field Work Completed At the Company's 100% Owned and Optioned Jolly Gold Property

Transition Metals Corp. announced that it expects to receive CAD 1 million in funding

First half 2023 earnings released: CA$0.028 loss per share (vs CA$0.03 loss in 1H 2022)

Transition Metals Corp. Intersects Bonanza Silver Mineralization in Shallow RC Drilling at ERT Zone, Pike Warden Property, Yukon

Full year 2022 earnings released: CA$0.078 loss per share (vs CA$0.06 profit in FY 2021)

Transition Metals Corp., Annual General Meeting, Feb 24, 2023

Transition Metals Corp. Reports Assays from the Drilling Completed This Fall At Its Maude Lake Property Located 10Km North of Schreiber, Ontario

Insufficient new directors

Transition Metals Corp Mobilizes RC Drill to Complete Three Holes

Transition Metals Corp to Present Channel Sampling Results from Summer Field Work on Its Maude Lake Property Located Near Schreiber, Ontario

Transition Metals Corp. Initiates Diamond Drilling At Its Aylmer Cu-Au Project, Sudbury Area, Ontario

Third quarter 2022 earnings released: CA$0.027 loss per share (vs CA$0.009 profit in 3Q 2021)

Transition Metals Provides Update on Field Programs in Ontario

Transition Metals Corp. Initiates Field Programme to Confirm Airborne Geophysical Targets for Drill-Testing on Its Maude Lake Property

Second quarter 2022 earnings released: EPS: CA$0.012 (vs CA$0.044 in 2Q 2021)

Insufficient new directors

Transition Metals Corp. Reports the Return of the Gowganda Cobalt Property

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Transition Metals Corp. Provides Update on Summer Exploration Programs on Key Projects in Ontario, Saskatchewan and Newfoundland

Chief Financial Officer Christopher Chadder has left the company

Third quarter 2021 earnings released: EPS CA$0.027 (vs CA$0.005 loss in 3Q 2020)

Transition Metals Corp Embarks on Aggressive Summer Field Exploration Programs on Major Projects in Ontario, Saskatchewan and Newfoundland

Second quarter 2021 earnings released: EPS CA$0.044 (vs CA$0.032 loss in 2Q 2020)

New 90-day low: CA$0.25

New 90-day high: CA$0.22

Transition Metals Corp. Commences Drilling on its Sawmill Property, Sudbury Area, Ontario

We're Not So Sure You Should Rely on Transition Metals' (CVE:XTM) Statutory Earnings

First quarter 2021 earnings released: EPS CA$0.025 (vs CA$0.011 loss in 1Q 2020)

Transition Metals Corp Reports the Results of A Successful Property-Wide Helicopter-Supported

Transition Metals Corp. Announces the Discovery of a New High-Grade Gold Occurrence (The JBM Showing) on its Sawmill Property

Full year 2020 earnings released: EPS CA$0.01

Transition Metals Corp. announced that it expects to receive CAD 0.25 million in funding

Transition Metals Corp., Annual General Meeting, Feb 16, 2021

Transition Metals Corp Report Results from Grab Samples Collected over its 100% Owned, 150 Square Kilometre Wollaston Copper Project

Transition Metals Corp Enters into Option Agreement to Acquire 100% Interest in the Sawmill Au-Cu Property Located 40 Kilometres Northeast of the Sudbury Mining Camp Within Parkin and Hutton Townships. the Property Consists of 106 Contiguous Mining

Nova Royalty Corp. entered into an agreement to acquire Royalty Interests Portfolio from Transition Metals Corp. (TSXV:XTM).