Scandium Canada (CVE:SCD) Shares Down 5.3% – Time to Sell?

Scandium Canada Ltd. (CVE:SCDGet Free Report) shares were down 5.3% on Tuesday . The stock traded as low as C$0.09 and last traded at C$0.09. Approximately 511,791 shares changed hands during trading, a decline of 27% from the average daily volume of 701,189 shares. The stock had previously closed at C$0.10.

Scandium Canada Price Performance

The firm’s fifty 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$27.03 million, a price-to-earnings ratio of -9.44 and a beta of 3.65.

About Scandium Canada

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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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