Scandium Canada Ltd experiences notable price movements amid recent drilling results.
This week, Scandium Canada Ltd (SCD.V) saw its stock price decline by 10.53%, closing at C$0.17 on Tuesday, down 2.86% for the day. The dip comes despite encouraging news from the company's recent drilling program.
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Scandium Canada Ltd
SCD.V
SCD.V
Scandium Canada Ltd
WealthAwesomeMarket cap
$90.35M
52W high
$0.36
52W low
$0.06
1W change
-10.53%
Beta
2.92
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SCD's historical volatility
30-Day Vol
70.5%
Annualized
90-Day Vol
77.9%
Annualized
Trend (90d)
-24.0%
Annualized drift
90d Mean
C$0.16
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.17 | C$0.13 – C$0.21 |
| 60 trading days | C$0.16 | C$0.11 – C$0.23 |
| 90 trading days | C$0.16 | C$0.10 – C$0.24 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should consider the implications of Scandium Canada's latest drilling results while being mindful of the stock's recent performance and technical indicators.
Scandium Canada Ltd's stock is down 10.53% this week.
The stock's recent performance reflects a broader market sentiment that may be cautious despite encouraging developments in the company's drilling program.
Bull case
The recent drilling results from the Crater Lake program indicate significant mineralization potential. This could boost the company's long-term value and attract more investor interest.
Bear case
Even with promising drilling results, the stock's recent downward trend and technical indicators might raise concerns about its short-term performance and overall investor sentiment.
Recent Price Action
Scandium Canada Ltd's stock has faced a challenging week, with a decline of 10.53% in its price, closing at C$0.17. The stock also saw a drop of 2.86% on the last trading day. Year-to-date, the stock has managed a modest gain of 6.25%, but recent performance indicates some volatility.
Company News
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On September 23, 2026, Scandium Canada announced significant results from its ongoing drilling program at the Crater Lake project. The company reported its best intercept to date, with a drill hole returning 140.15 meters at 293 ppm Sc2O3, including three intersections exceeding 100 meters. This news reflects the potential for substantial mineralization at the site, which could influence future investor sentiment.
Technical Picture
From a technical standpoint, Scandium Canada Ltd is currently trading below both its 50-day moving average of C$0.19 and its 200-day moving average of C$0.18, indicating a bearish trend. The stock has a 52-week range of C$0.06 to C$0.36, currently sitting at 37% of that range. With a beta of 2.92, the stock exhibits higher volatility compared to the overall market, which may appeal to risk-tolerant investors. Volume has been lower than average, with the latest trading session seeing 585,044 shares change hands against a 20-day average of 678,420 shares.
Insider Activity
No recent insider activity has been reported for Scandium Canada Ltd, which may suggest stability in the company's management and operations.
Price Action Summary
As of the latest close, Scandium Canada Ltd is trading at C$0.17, reflecting a decline of 2.86% for the day. Investors may want to monitor upcoming developments as the company navigates through its drilling program.
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