Scandium Canada Ltd. (CVE:SCD – Get Free Report)’s stock price dropped 20.4% on Thursday . The stock traded as low as C$0.20 and last traded at C$0.22. Approximately 5,926,916 shares changed hands during mid-day trading, an increase of 151% from the average daily volume of 2,358,335 shares. The stock had previously closed at C$0.27.
Key Headlines Impacting Scandium Canada
Here are the key news stories impacting Scandium Canada this week:
- Positive Sentiment: Regulatory resumption — The Canadian Investment Regulatory Organization lifted the trading suspension, allowing shares to trade again, which restores market access and liquidity (removes an immediate procedural overhang). Canadian Investment Regulatory Organization Trade Resumption – SCD
- Neutral Sentiment: Company clarification — Scandium Canada issued statements saying there is no undisclosed material information and that no corporate news explains the recent surge in trading; that reduces the risk of an imminent corrective disclosure but does not add new growth catalysts. Scandium Canada Confirms No Undisclosed Material Information
- Negative Sentiment: Prior trading halt flagged unusual activity — Regulators previously halted SCD trading citing unusual market activity, which can heighten investor caution and volatility even after resumption. Canadian Investment Regulatory Organization Trading Halt – SCD
- Negative Sentiment: Sector risk profile — A Globe and Mail piece highlights why scandium projects entail high technical, permitting and market risks; that broader risk narrative can keep valuation multiples compressed for small explorers like SCD. Several Canadian stocks have projects involving this rare earth metal. Here’s why risks are high
Scandium Canada Stock Performance
The stock has a market cap of C$73.65 million, a PE ratio of -44.00 and a beta of 4.33. The company’s 50-day moving average price is C$0.13 and its 200 day moving average price is C$0.08.
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.
See Also
- Five stocks we like better than Scandium Canada
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- Executive Order 14330: Trump’s Biggest Yet
- The Crash Has Already Started (Most Just Don’t See It Yet)
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.
