Scandium Canada Ltd. (CVE:SCD – Get Free Report)’s share price rose 9.1% during trading on Friday . The company traded as high as C$0.25 and last traded at C$0.24. Approximately 1,739,585 shares changed hands during trading, a decline of 27% from the average daily volume of 2,374,473 shares. The stock had previously closed at C$0.22.
Key Scandium Canada News
Here are the key news stories impacting Scandium Canada this week:
- Positive Sentiment: Canadian Investment Regulatory Organization lifted the trading halt and permitted resumption of trading, restoring liquidity and allowing market participants to trade freely again. Canadian Investment Regulatory Organization Trade Resumption – SCD
- Positive Sentiment: Scandium Canada issued a formal statement confirming there is no undisclosed material information behind recent unusual trading activity, which reduces the risk of imminent adverse corporate surprises. Scandium Canada Ltd. Confirms No Undisclosed Material Information
- Neutral Sentiment: Media outlets and market commentary reiterated the company’s disclosure that no undisclosed news is behind the surge in trading; this supports the company statement but does not itself change fundamentals. Scandium Canada Says No Undisclosed News Behind Share Trading Surge
- Negative Sentiment: A regulatory trading halt was issued earlier (prior to resumption), which often reflects investigation into unusual trading; while resolved, halts can spook shorter-term investors and amplify volatility. Canadian Investment Regulatory Organization Trading Halt – SCD
- Negative Sentiment: A Globe and Mail piece highlights structural and project risks for companies developing scandium assets, underlining sector-level execution, financing and market-demand risks that could weigh on SCD’s longer-term valuation. Several Canadian stocks have projects involving this rare earth metal. Here’s why risks are high
Scandium Canada Stock Up 13.6%
The stock has a market capitalization of C$83.69 million, a PE ratio of -50.00 and a beta of 4.33. The business’s 50-day moving average is C$0.13 and its two-hundred day moving average is C$0.08.
Scandium Canada Company Profile
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.
Recommended Stories
- Five stocks we like better than Scandium Canada
- Trump’s crypto czar leaked THIS
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Do not delete, read immediately
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Why Trump and Musk suddenly care about Fort Knox
Receive News & Ratings for Scandium Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scandium Canada and related companies with MarketBeat.com's FREE daily email newsletter.
