Scandium Canada (CVE:SCD) Trading 11.8% Higher – Should You Buy?

Shares of Scandium Canada Ltd. (CVE:SCDGet Free Report) rose 11.8% during mid-day trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 203,350 shares were traded during trading, a decline of 71% from the average daily volume of 704,355 shares. The stock had previously closed at C$0.09.

Scandium Canada Trading Up 5.9%

The company’s 50-day moving average is C$0.08 and its 200 day moving average is C$0.04. The firm has a market cap of C$28.62 million, a PE ratio of -10.00 and a beta of 3.65.

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.

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