This move is archived. Current quotes and coverage live on the stock page.
Follow SCY
Scandium International Mining Corp. is facing a notable decline in its stock price, raising concerns among investors.
Scandium International Mining Corp. (SCY.V) has seen a significant drop in its stock value, down 5.71% as of the latest trading session. This decline comes amid a lack of recent positive news, leaving investors wondering about the reasons behind this downturn.
Advertisement
Scandium International Mining Corp.
SCY.V
SCY.V
Scandium International Mining Corp.
WealthAwesomeMarket cap
$53.62M
P/E
0.0x
52W high
$0.18
52W low
$0.06
1W change
-9.09%
Beta
1.85
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SCY's historical volatility
30-Day Vol
74.9%
Annualized
90-Day Vol
93.7%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$0.18
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.16 | C$0.12 – C$0.21 |
| 60 trading days | C$0.17 | C$0.12 – C$0.24 |
| 90 trading days | C$0.18 | C$0.11 – C$0.28 |
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.
Advertisement
Investor takeaway: Investors should remain cautious as SCY.V's recent performance suggests potential underlying issues that may not be immediately clear.
Scandium International Mining Corp. Market Cap Shrinks
With a current market cap of approximately CA$62 million, SCY.V's stock price drop reflects investor concerns about its future prospects.
Bull case
If Scandium International Mining can successfully move forward with its plans for the Nyngan project, it could attract more investor interest and help stabilize its stock price.
Bear case
The lack of recent positive developments and the current market sentiment could lead to further declines in SCY.V's stock price, making it a risky investment in the short term.
Current Performance Overview
Advertisement
As of the latest trading session, Scandium International Mining Corp. (SCY.V) has seen its stock price decline by 5.71%. This drop is significant given the company's current market cap of CA$62 million, reflecting growing concerns among investors about its operational viability and future prospects.
Market Sentiment and Investor Concerns
The absence of recent positive news from Scandium International Mining has contributed to the negative sentiment surrounding SCY.V. Without significant developments or updates, investors may be losing confidence, which has led to the stock's current downturn. The company has not announced any new initiatives or progress on its projects, which could be a critical factor in the stock's performance.
Looking Ahead
Investors should keep a close eye on any forthcoming announcements from Scandium International Mining Corp. that could impact its stock price. The potential for recovery hinges on the company's ability to deliver positive news and demonstrate progress in its projects, particularly the Nyngan project, which is crucial for its future.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
