Scandium Canada (CVE:SCD) Trading Up 6.7% – What’s Next?

Scandium Canada Ltd. (CVE:SCD) was up 6.7% during mid-day trading on Monday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 199,156 shares were traded during trading, a decline of 91% from the average daily volume of 2,283,530 shares. The stock had previously closed at C$0.15.

Scandium Canada Trading Up 3.3%

The company’s fifty day moving average price is C$0.14 and its two-hundred day moving average price is C$0.16. The firm has a market cap of C$72.25 million, a P/E ratio of -38.75 and a beta of 5.32.

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.