Scottie Resources Corp (SCOT.V) has seen notable fluctuations recently, reflecting ongoing developments in its exploration activities.
This week, Scottie Resources Corp's stock dropped by 12.81%, closing at C$2.79, down 2.79% on the day. Investors may be weighing the implications of recent exploration results and ongoing drilling activities at the Scottie Gold Mine Project.
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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 ยท 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 (1ฯ) |
|---|---|---|
| 30 trading days | C$2.96 | C$2.37 โ C$3.70 |
| 60 trading days | C$3.14 | C$2.29 โ C$4.31 |
| 90 trading days | C$3.34 | C$2.27 โ C$4.91 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: While recent drilling results have been promising, the stock's performance suggests cautious sentiment among investors. The significant drop this week could indicate market apprehension regarding the sustainability of the company's exploration success.
Scottie Resources Corp's stock down 12.81% this week amid exploration updates.
The stock's current price is well above its 50-day and 200-day moving averages, indicating a potential for correction after significant gains earlier in the year.
Bull case
If exploration results continue to be positive, investor confidence could rise, leading to potential profitability, especially if gold prices remain favorable.
Bear case
With a high beta of 1.81, the stock is more volatile than the market, and bearish sentiment from analysts may put further pressure on the stock. Additionally, the company's negative profit margin and return on equity (ROE) present ongoing financial challenges.
Current Price Action
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Scottie Resources Corp (SCOT.V) closed at C$2.79, reflecting a decline of 2.79% on the day and a 12.81% drop over the week. The stock has shown a year-to-date increase of 75.47%, indicating strong performance earlier in the year.
Recent Company News
While there were no major announcements this week, Scottie Resources has previously reported significant gold intercepts at the Blueberry Contact Zone of the Scottie Gold Mine Project. Notably, on September 9, 2026, the company highlighted intercepts of 9.7 g/t gold over 18.00 meters and 26.2 g/t gold over 2.45 meters. These results have contributed to ongoing interest in the company's exploration activities.
Technical Picture
The stock is currently trading at C$2.79, which is above its 50-day moving average of C$2.44 and its 200-day moving average of C$2.22, indicating a bullish trend over the longer term. The 52-week range stands between C$1.45 and C$3.23, showcasing the stock's volatility. With a beta of 1.81, it is more volatile than the broader market, which may contribute to the recent price fluctuations. The trading volume this week was 29,065 shares, below the 20-day average of 45,530 shares, suggesting a decrease in trading activity.
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