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The latest announcement is out from Imperial Mining Group Class A ( (TSE:SCD) ).
Scandium Canada Ltd. said it has no undisclosed corporate developments that would account for a recent spike in trading activity in its shares, responding to a request for clarification from the Canadian Investment Regulatory Organization. The company stated that all material information about its business and operations has already been made public in line with Canadian securities regulations and TSX Venture Exchange requirements, suggesting that the market volatility is not driven by new company-specific news.
More about Imperial Mining Group Class A
Scandium Canada Ltd. is a publicly listed Canadian company focused on developing what it aims to be the world’s leading primary source of scandium, a critical metal used to produce aluminum-scandium (Al-Sc) alloys. Through its Al-Sc alloys development subsidiary and its Crater Lake mining project, the company targets the growing demand for lighter, greener and longer-lasting high-performance materials, positioning itself to become a market leader in scandium while emphasizing innovation and a more responsible economy.
Average Trading Volume: 1,258,908
Technical Sentiment Signal: Buy
Current Market Cap: C$99M
For an in-depth examination of SCD stock, go to TipRanks’ Overview page.