Director James Rothwell Acquires 115,000 Shares of Scandium International Mining Corp (TSX:SCY)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 19 2024
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Source: Yahoo Finance
- Director James Rothwell Insider Transaction: Director James Rothwell of Scandium International Mining Corp purchased 115,000 shares, indicating a significant investment.
- Company Profile: Scandium International Mining Corp is involved in exploring and developing mineral properties, focusing on scandium and rare earth minerals production.
- Transaction Details: Shares were bought at C$0.3 per share, totaling approximately C$34,500, with the company's market cap now at C$6.536 million.
- Stock Valuation: The stock's price-earnings ratio is currently high at 9999.00 compared to industry and historical medians.
- Insider Trading Insights: Rothwell has not engaged in other insider trading activities over the past year, and such transactions can offer valuable insights into a company's future performance.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
