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

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

Scandium Canada Stock Up 3.4%

Shares of CVE SCD traded up C$0.01 during mid-day trading on Friday, reaching C$0.15. 54,939 shares of the company were exchanged, compared to its average volume of 1,575,554. Scandium Canada Ltd. has a 52 week low of C$0.08 and a 52 week high of C$0.36. The company’s 50 day moving average price is C$0.17 and its 200 day moving average price is C$0.18. The stock has a market capitalization of C$79.72 million, a PE ratio of -37.50 and a beta of 4.87.

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.