Scandium Canada (CVE:SCD) Trading 7.1% Higher - Time to Buy?

Key Points

• Scandium Canada shares jumped about 7.1% to C$0.15 on Friday, but trading was thin at 233,313 shares—roughly 91% below the average session volume.
• The company has a market capitalization of C$67.6 million, a negative P/E (-36.25) and a high beta (5.14), signalling it is loss-making and highly volatile; its 50‑ and 200‑day moving averages are C$0.17 and C$0.16.
• Scandium Canada is a mineral exploration firm targeting gold, scandium and base metals, holding 100% interests in Quebec projects including Crater Lake, Opawica and La Ronciere.

Scandium Canada Ltd. (CVE:SCD - )'s share price traded up 7.1% during trading on Friday . The company traded as high as C$0.15 and last traded at C$0.15. 233,313 shares were traded during mid-day trading, a decline of 91% from the average session volume of 2,528,990 shares. The stock had previously closed at C$0.14.

Scandium Canada Stock Up 3.6%

The business has a 50 day simple moving average of C$0.17 and a 200 day simple moving average of C$0.16. The company has a market capitalization of C$67.59 million, a PE ratio of -36.25 and a beta of 5.14.

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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