Scandium Canada (CVE:SCD) Insider Simon Thibault Buys 100,000 Shares of Stock

Scandium Canada Ltd. (CVE:SCD) insider Simon Thibault bought 100,000 shares of the stock in a transaction dated Friday, November 6th. The shares were acquired at an average price of C$0.15 per share, with a total value of C$15,000.00. Following the completion of the purchase, the insider directly owned 100,000 shares of the company’s stock, valued at approximately C$15,000. This represents a ∞ increase in their ownership of the stock.

Scandium Canada Price Performance

Shares of CVE SCD remained flat at C$0.14 during midday trading on Friday. The stock had a trading volume of 55,439 shares, compared to its average volume of 1,575,557. Scandium Canada Ltd. has a twelve month low of C$0.08 and a twelve month high of C$0.36. The company has a market capitalization of C$77.07 million, a PE ratio of -36.25 and a beta of 4.87. The stock’s 50-day moving average price is C$0.17 and its two-hundred day moving average price is C$0.18.

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.