Scandium Canada (CVE:SCD) Trading Up 11.1% – Still a Buy?

Scandium Canada Ltd. (CVE:SCD) shares traded up 11.1% during trading on Thursday . The stock traded as high as C$0.27 and last traded at C$0.25. 2,375,707 shares were traded during mid-day trading, a decline of 13% from the average session volume of 2,718,755 shares. The stock had previously closed at C$0.23.

Scandium Canada Price Performance

The firm has a market capitalization of C$90.54 million, a price-to-earnings ratio of -62.50 and a beta of 5.38. The company’s 50-day moving average is C$0.21 and its 200-day moving average is C$0.12.

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.