Scandium International Mining Stock

Scandium International Mining Market capitalization 2024

Scandium International Mining Market capitalization

5.2 M USD

Ticker

SCY.TO

ISIN

CA80600L1094

WKN

A12F0M

In 2024, Scandium International Mining's market cap stood at 5.2 M USD, a -50.4% increase from the 10.49 M USD market cap in the previous year.

The Scandium International Mining Market capitalization history

YEARREVENUE (undefined USD)GROSS MARGIN (%)NET INCOME (undefined USD)
2023--47.2
2022--850
2021---1,570
2020---1,390
2019---1,950
2018---2,960
2017---2,790
2016---2,110
2015---2,770
2014---1,850
2013---25,690
2012---4,970
2011---7,160
2010---4,580
2009---15,520
2008---11,250
2007---3,240
2006---180

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.

Market capitalization Details

Exploring Scandium International Mining's Market Capitalization

Scandium International Mining's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Scandium International Mining's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Scandium International Mining's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Scandium International Mining’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Scandium International Mining stock

What is the current Scandium International Mining market capitalization?

The current market capitalization of Scandium International Mining is 5.2 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Scandium International Mining.

How has the market capitalization of Scandium International Mining developed in recent years?

The market capitalization of Scandium International Mining has increased/decreased by -50.4% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Scandium International Mining?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Scandium International Mining?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Scandium International Mining have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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 7/18/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/18/2024.

When did Scandium International Mining pay the last dividend?

The last dividend was paid out on 7/18/2024.

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.