Shares of Scandium Canada Ltd. (CVE:SCD – Get Free Report) rose 28.6% during mid-day trading on Tuesday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 4,258,696 shares traded hands during mid-day trading, an increase of 482% from the average daily volume of 731,660 shares. The stock had previously closed at C$0.11.
Scandium Canada Stock Up 28.6%
The firm has a market cap of C$42.94 million, a price-to-earnings ratio of -15.00 and a beta of 3.65. The business has a 50 day moving average price of C$0.09 and a 200-day moving average price of C$0.05.
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.
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