Scandium Canada (CVE:SCD) Stock Price Up 9.1% – Here’s Why

by · The Markets Daily

Scandium Canada Ltd. (CVE:SCD – Get Free Report)’s stock price was up 9.1% during trading on Friday . The stock traded as high as C$0.18 and last traded at C$0.18. Approximately 1,441,615 shares changed hands during trading, a decline of 30% from the average daily volume of 2,070,209 shares. The stock had previously closed at C$0.17.

Scandium Canada Trading Up 12.1%

The company has a market capitalization of C$86.23 million, a PE ratio of -46.25 and a beta of 5.44. The stock’s 50-day moving average is C$0.16 and its two-hundred day moving average is C$0.18.

Scandium Canada Company Profile

(Get Free Report)

Scandium Canada Ltd. operates as a mineral exploration company in Canada. The company primarily explores for gold, scandium, and base metal deposits. It also holds 100% interests in the Crater Lake project comprising 96 contiguous claims covering an area of 47 square kilometers located to the northeast of Schefferville, Quebec; and the Opawica project, which includes 42 contiguous claims covering an area of 23.45 square kilometers situated the Gand and Lesperance townships. In addition, the company holds interests in the La Ronciere project, which consists of 45 mining claims covering an area of 25.1 square kilometers in Gand and La Roncière townships.

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