Scottie Resources Corp experiences a notable decline this week amidst a lack of major news.
Scottie Resources Corp (SCOT.V) has seen its stock price decline by 12.81% over the past week, closing at C$2.94 on Friday. This downturn comes despite a year-to-date increase of 75.47%, indicating some volatility in the stock's performance.
Investor takeaway: Investors should note the significant drop this week, especially given Scottie Resources' strong year-to-date performance. The lack of major news may lead to further scrutiny of the stock's valuation and market sentiment.
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Scottie Resources Corp
SCOT.V
SCOT.V
Scottie Resources Corp
WealthAwesomeMarket cap
$215.34M
52W high
$3.23
52W low
$1.45
1W change
-12.81%
Beta
1.81
Analyst Price Targets
Based on analyst covering SCOT · as of Sep 17, 2026
Wall Street analysts forecast SCOT stock price to fall 49.8% over the next 12 months.
Consensus
BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$1.40
-49.8% Upside
Current Price
C$2.79
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SCOT's historical volatility
30-Day Vol
64.6%
Annualized
90-Day Vol
68.5%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$3.34
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$2.96 | C$2.37 – C$3.70 |
| 60 trading days | C$3.14 | C$2.29 – C$4.31 |
| 90 trading days | C$3.34 | C$2.27 – C$4.91 |
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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Stock Performance Overview
Scottie Resources Corp has demonstrated a significant year-to-date gain of 75.47%, despite recent volatility.
Bull case
A bullish perspective highlights the company’s impressive year-to-date gains and the possibility of recovery, particularly if market conditions improve or new developments occur in their mining operations.
Bear case
On the other hand, the bearish outlook is backed by analysts' predictions and the company's negative earnings performance, which could discourage new investments and lead to further declines.
Price Action Overview
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Scottie Resources Corp's stock closed at C$2.94 on Friday, reflecting a 2.79% decrease for the day. Over the past week, the stock has declined by 12.81%, a notable shift after a strong year-to-date performance.
Technical Picture
The current trading price of C$2.94 is above both the 50-day moving average of C$2.45 and the 200-day moving average of C$2.23, indicating a bullish trend in the longer term. The stock has traded within a 52-week range of C$1.45 to C$3.23, currently sitting at 84% of that range. With a beta of 1.81, Scottie Resources exhibits higher volatility compared to the broader market. Recent trading volume of 94,373 shares is below the 20-day average of 45,530 shares, suggesting reduced trading activity.
Analyst Outlook
Analysts maintain a bearish outlook for Scottie Resources Corp, with an average target price of C$1.40, implying a potential downside of 52.4% from the current price. This negative sentiment may influence investor confidence as the company continues to grapple with its financial metrics.
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