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Scandium International Mining Stock

Scandium International Mining P/E 2024

Scandium International Mining P/E

280.3

Ticker

SCY.TO

ISIN

CA80600L1094

WKN

A12F0M

As of Aug 30, 2024, Scandium International Mining's P/E ratio was 280.3, a 884.55% change from the 28.47 P/E ratio recorded in the previous year.

The Scandium International Mining P/E history

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.

P/E Details

Deciphering Scandium International Mining's P/E Ratio

The Price to Earnings (P/E) Ratio of Scandium International Mining is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Scandium International Mining's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Scandium International Mining is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Scandium International Mining’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Scandium International Mining stock

What is the price-to-earnings ratio of Scandium International Mining?

The price-earnings ratio of Scandium International Mining is currently 280.3.

How has the price-earnings ratio of Scandium International Mining changed compared to last year?

The price-to-earnings ratio of Scandium International Mining has increased by 884.55% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Scandium International Mining high compared to other companies?

Yes, the price-to-earnings ratio of Scandium International Mining is high compared to other companies.

How does an increase in the price-earnings ratio of Scandium International Mining affect the company?

An increase in the price-earnings ratio of Scandium International Mining would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Scandium International Mining affect the company?

A decrease in the price-earnings ratio of Scandium International Mining would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Scandium International Mining?

Some factors that influence the price-earnings ratio of Scandium International Mining are the company's growth, financial position, industry development, and the overall economic situation.

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.