Scandium Canada (CVE:SCD) Trading Down 13.1% – What’s Next?

Scandium Canada Ltd. (CVE:SCD)’s share price was down 13.1% during mid-day trading on Monday . The stock traded as low as C$0.27 and last traded at C$0.27. Approximately 2,622,482 shares were traded during mid-day trading, a decline of 15% from the average daily volume of 3,067,932 shares. The stock had previously closed at C$0.31.

Scandium Canada Stock Down 5.7%

The stock has a market capitalization of C$83.69 million, a P/E ratio of -50.00 and a beta of 4.33. The firm has a fifty day moving average price of C$0.16 and a two-hundred day moving average price of C$0.09.

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.