Scandium Canada (CVE:SCD) Insider Purchases 100,000 Shares of Stock

Scandium Canada Ltd. (CVE:SCD) insider Simon Thibault acquired 100,000 shares of the business’s stock in a transaction dated Friday, November 6th. The stock was purchased at an average price of C$0.15 per share, with a total value of C$15,000.00. Following the completion of the transaction, the insider directly owned 100,000 shares of the company’s stock, valued at C$15,000. This trade represents a ∞ increase in their position.

Scandium Canada Stock Up 3.4%

CVE:SCD traded up C$0.01 during mid-day trading on Friday, hitting C$0.15. 54,939 shares of the stock traded hands, compared to its average volume of 1,575,554. The business’s 50-day moving average price is C$0.17 and its 200 day moving average price is C$0.18. The company has a market cap of C$79.72 million, a PE ratio of -37.50 and a beta of 4.87. Scandium Canada Ltd. has a 12-month low of C$0.08 and a 12-month high of C$0.36.

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.