Scandium International Mining Stock

Scandium International Mining Equity 2024

Scandium International Mining Equity

1.43 M USD

Ticker

SCY.TO

ISIN

CA80600L1094

WKN

A12F0M

In 2024, Scandium International Mining's equity was 1.43 M USD, a 31.01% increase from the 1.09 M USD equity in the previous year.

Scandium International Mining Aktienanalyse

What does Scandium International Mining do?

Scandium International Mining Corp (SIMC) is a Canadian company specializing in the exploration and development of scandium-rich mineral deposits. The company was founded in 2006 and is headquartered in Sparks, Nevada. SIMC's business model is to identify and develop scandium-rich mineral deposits. The company particularly focuses on the combination of scandium with aluminum, as this combination is considered very useful in many areas of modern life. Scandium enhances the performance of aluminum by improving its mechanical strength and reducing its weight. These improvements have led to the use of scandium-based alloys in aerospace, automotive, electrical wiring, and other applications. SIMC currently operates two main projects, with the Nyngan project being the most significant. The Nyngan project is located in New South Wales, Australia. This mine is considered the world's most important scandium-rich ore deposit and contains an estimated 20 million kilograms of scandium-containing ore. SIMC develops the Nyngan ore deposit and markets it in the form of scandium oxide. Another significant investment by SIMC is the Honeybugle project, also located in New South Wales, Australia. This project encompasses two scandium-rich deposits located within four kilometers of each other. The Honeybugle project is currently in the exploration phase. SIMC takes pride in being one of the few, if not the only, companies in the market capable of commercially mining scandium-containing ore. Scandium, named after Scandinavia, is a rare element that rarely occurs in nature. It is obtained by extracting it from by-products of nickel, tin, and uranium in concentrations of about 0.02 percent. SIMC's business model is aimed at establishing a reliable supply chain of scandium oxide to meet the growing demand. SIMC is expected to play a significant role in the future in providing scandium, particularly in application areas where the benefits of scandium-based alloys are most apparent. SIMC has the potential to become one of the key suppliers of scandium-containing ore in the market in the coming years. The company possesses extensive expertise in mineral exploration and development, as well as commercial production of scandium oxide. The company has also focused on research and development to explore new applications of scandium-containing metals and participate in the development of untapped markets. Overall, Scandium International Mining Corp is a company on a rapid growth trajectory with the potential to play a major role in the supply of scandium-containing ore. The company has the personnel and resources to achieve its ambitious corporate goals, as well as a proven business model based on a rapidly increasing demand for scandium-based alloys. It remains to be seen how the company will develop over time, but the prospects are promising. Scandium International Mining ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Scandium International Mining's Equity

Scandium International Mining's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Scandium International Mining's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Scandium International Mining's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Scandium International Mining's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Scandium International Mining’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Scandium International Mining stock

What is the equity of Scandium International Mining this year?

Scandium International Mining has equity of 1.43 M USD this year.

What was the equity of Scandium International Mining compared to the previous year?

The equity of Scandium International Mining has increased/decreased by 31.01% increased compared to the previous year.

What impact does a high equity have on investors of Scandium International Mining?

A high equity is advantageous for investors of Scandium International Mining as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Scandium International Mining?

A low equity can be a risk for investors of Scandium International Mining, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Scandium International Mining affect the company?

An increase in equity of Scandium International Mining can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Scandium International Mining affect the company?

A reduction in equity of Scandium International Mining can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Scandium International Mining?

Some factors that can affect the equity of Scandium International Mining include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Scandium International Mining so important for investors?

The equity of Scandium International Mining is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Scandium International Mining take to change the equity?

To change equity, Scandium International Mining can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Scandium International Mining pay?

Over the past 12 months, Scandium International Mining paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Scandium International Mining is expected to pay a dividend of 0 USD.

What is the dividend yield of Scandium International Mining?

The current dividend yield of Scandium International Mining is .

When does Scandium International Mining pay dividends?

Scandium International Mining pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Scandium International Mining?

Scandium International Mining paid dividends every year for the past 0 years.

What is the dividend of Scandium International Mining?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Scandium International Mining located?

Scandium International Mining is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Scandium International Mining kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Scandium International Mining from 8/30/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/30/2024.

When did Scandium International Mining pay the last dividend?

The last dividend was paid out on 8/30/2024.

What was the dividend of Scandium International Mining in the year 2023?

In the year 2023, Scandium International Mining distributed 0 USD as dividends.

In which currency does Scandium International Mining pay out the dividend?

The dividends of Scandium International Mining are distributed in USD.

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Andere Kennzahlen von Scandium International Mining

Our stock analysis for Scandium International Mining Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Scandium International Mining Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.