Scandium Canada Ltd. (CVE:SCD – Get Free Report) shares shot up 50% on Wednesday . The company traded as high as C$0.28 and last traded at C$0.27. 4,842,652 shares changed hands during trading, an increase of 138% from the average session volume of 2,033,689 shares. The stock had previously closed at C$0.18.
Scandium Canada News Summary
Here are the key news stories impacting Scandium Canada this week:
- Neutral Sentiment: Please paste the news articles or links you want summarized (headlines and timestamps help). Example: an article URL or the full press release text. Once provided I will: summarize key points, explain why the item is likely to move the stock, and rate the impact (positive / neutral / negative).
- Neutral Sentiment: If you don’t have articles, tell me whether today’s move was driven by a press release, exchange filing, social media/retail interest, or unexplained volume — I can analyze likely causes and implications for investors (funding, exploration results, listings, warrants/dilution, or technical/flow-driven moves).
- Neutral Sentiment: Quick checklist of what I’ll include in the summary once you provide articles: 1) one-paragraph headline summary, 2) why the news should move SCD’s stock (fundamental vs. technical vs. sentiment), 3) likely short-term and medium-term investor implications, and 4) links to source articles.
Scandium Canada Trading Up 50.0%
The stock has a 50-day simple moving average of C$0.13 and a 200 day simple moving average of C$0.08. The company has a market cap of C$90.38 million, a price-to-earnings ratio of -54.00 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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