Scottie Resources Corp experiences notable price action this week amid fluctuating trading volumes.
Scottie Resources Corp (SCOT.V) has seen some interesting price movements recently, closing at C$2.92 on Friday, down 8.18% for the day and slightly down 0.68% for the week. The stock has demonstrated a strong performance year-to-date, gaining 83.65%. Despite this upward trend, recent trading volumes have shown significant activity.
Investor takeaway: While Scottie Resources has shown considerable growth this year, the recent price decline and high trading volume suggest that investors should closely monitor market sentiment and any potential catalysts that could impact the stock's performance.
Advertisement
Scottie Resources Corp
SCOT.V
SCOT.V
Scottie Resources Corp
WealthAwesomeMarket cap
$225.37M
52W high
$3.23
52W low
$1.45
1W change
-0.68%
Beta
1.81
Analyst Price Targets
Based on analyst covering SCOT · as of Sep 17, 2026
Wall Street analysts forecast SCOT stock price to fall 52.1% over the next 12 months.
Consensus
BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$1.40
-52.1% Upside
Current Price
C$2.92
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SCOT's historical volatility
30-Day Vol
67.4%
Annualized
90-Day Vol
67.6%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$3.49
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$3.10 | C$2.46 – C$3.91 |
| 60 trading days | C$3.29 | C$2.37 – C$4.57 |
| 90 trading days | C$3.49 | C$2.33 – C$5.22 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Scottie Resources Corp's stock trades at C$2.92, down 8.18% today.
With a market cap of C$225.37 million and a beta of 1.81, the stock's volatility is significantly higher than the market average, suggesting greater risk for investors.
Bull case
The stock's year-to-date performance reflects strong investor interest and potential for growth, with a notable gain of 83.65%. Additionally, it is trading above both its 50-day and 200-day moving averages, indicating a positive long-term trend.
Bear case
The recent drop of 8.18% in a single day, along with analysts' bearish outlook, raises concerns about the stock's sustainability. Moreover, the company's negative return on equity and profit margin may signal underlying financial challenges.
Price Action Overview
Scottie Resources Corp's stock closed at C$2.92 on Friday, reflecting a significant decline of 8.18% for the day. Over the past week, the stock has decreased slightly by 0.68%, while it has gained 0.52% over the past month. Year-to-date, Scottie Resources has shown remarkable resilience, with an impressive increase of 83.65%.
Technical Picture
Advertisement
The stock is currently trading well above its 50-day moving average of C$2.58, representing a 13.1% increase compared to the current price. Additionally, it is above its 200-day moving average of C$2.27, indicating a 28.5% premium. The 52-week range for Scottie Resources is between C$1.45 and C$3.23, with the current price sitting at approximately 83% of that range. The stock has a beta of 1.81, suggesting it is more volatile than the overall market. Recent trading volume was 19,396 shares, which is double the 20-day average volume of 39,335 shares, indicating heightened investor activity.
Insider Activity
No recent insider activity has been reported for Scottie Resources Corp, which may suggest stability in management and ownership at this time.
Analyst Outlook
Analysts currently have a bearish outlook on Scottie Resources, with an average target price of C$1.40, implying a potential downside of 52.1% from the last closing price. This bearish sentiment reflects concerns about the company's profitability and overall financial health.
Final Thoughts
As Scottie Resources Corp navigates through this period of volatility, investors should remain vigilant. The recent price drop, combined with high trading volumes, may indicate shifting sentiment. With a strong year-to-date performance but underlying financial challenges, the stock presents both opportunities and risks for investors.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
