Shares of Scandium Canada Ltd. (CVE:SCD – Get Free Report) dropped 19.6% during trading on Tuesday . The company traded as low as C$0.18 and last traded at C$0.18. 7,204,681 shares were traded during trading, an increase of 291% from the average daily volume of 1,841,080 shares. The stock had previously closed at C$0.23.
Scandium Canada Stock Down 17.4%
The stock has a market cap of C$100.98 million, a price-to-earnings ratio of -47.50 and a beta of 5.50. The stock has a fifty day moving average of C$0.18 and a two-hundred day moving average of C$0.18.
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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