Scandium Canada (CVE:SCD) Stock Price Up 11.4% – Should You Buy?

Scandium Canada Ltd. (CVE:SCD)’s share price shot up 11.4% during mid-day trading on Friday . The stock traded as high as C$0.25 and last traded at C$0.25. 2,026,877 shares were traded during mid-day trading, a decline of 15% from the average session volume of 2,397,356 shares. The stock had previously closed at C$0.22.

Scandium Canada News Summary

Here are the key news stories impacting Scandium Canada this week:

• Positive Sentiment: Canadian Investment Regulatory Organization lifted the trading halt and confirmed trading resumed, removing the regulatory barrier to trading and allowing the recent price move to continue. Canadian Investment Regulatory Organization Trade Resumption – SCD
• Neutral Sentiment: Scandium Canada issued a formal statement saying there is no undisclosed material information behind the surge in share trading, indicating the move was not driven by new company developments. This clarifies corporate disclosure but does not explain the speculative buying. Scandium Canada Ltd. Confirms No Undisclosed Material Information
• Neutral Sentiment: Market commentary echoed the company statement — reporters and data services noted there was no corporate news underpinning the spike, reinforcing the view this was speculative/technical trading rather than fundamentals. Scandium Canada Says No Undisclosed News Behind Share Trading Surge
• Negative Sentiment: The CIRO trading halt that preceded the resumption underscores regulatory scrutiny and short‑term uncertainty — halts often accompany unusual volume or price moves and can increase volatility when lifted. Canadian Investment Regulatory Organization Trading Halt – SCD
• Negative Sentiment: Press coverage highlights high project and market risks for Canadian scandium explorers, reminding investors this sector is speculative, capital‑intensive and subject to commodity/technical risks that can pressure the stock longer term. Several Canadian stocks have projects involving this rare earth metal. Here’s why risks are high

Scandium Canada Trading Up 11.4%

The stock has a market capitalization of C$82.01 million, a price-to-earnings ratio of -49.00 and a beta of 4.33. The stock has a 50-day simple moving average of C$0.13 and a 200 day simple moving average of C$0.08.

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.