Scandium Canada (CVE:SCD) Trading 12.7% Higher – Here’s What Happened

Scandium Canada Ltd. (CVE:SCD) shares traded up 12.7% on Tuesday . The stock traded as high as C$0.36 and last traded at C$0.36. 4,016,576 shares changed hands during mid-day trading, an increase of 62% from the average session volume of 2,477,327 shares. The stock had previously closed at C$0.32.

Scandium Canada Stock Up 5.4%

The stock has a fifty day moving average of C$0.15 and a two-hundred day moving average of C$0.09. The stock has a market cap of C$98.75 million, a price-to-earnings ratio of -59.00 and a beta of 4.33.

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.