Scandium Canada Ltd. (CVE:SCD – Get Free Report)’s share price was up 33.3% on Wednesday . The stock traded as high as C$0.24 and last traded at C$0.24. Approximately 3,124,932 shares traded hands during mid-day trading, an increase of 73% from the average daily volume of 1,811,489 shares. The stock had previously closed at C$0.18.
Scandium Canada Stock Performance
The business’s 50 day simple moving average is C$0.12 and its 200-day simple moving average is C$0.07. The company has a market cap of C$80.34 million, a price-to-earnings ratio of -48.00 and a beta of 4.33.
About Scandium Canada
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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