Scottie Resources (SCOT) Stock Price Prediction from 2024 to 2045 (Complete Information)

Scottie Resources is an early-stage mining company based in Canada which was founded towards the end of the year 2009. The company is focused on the exploration of gold and silver in the Golden Triangle region. But, Scottie Resources’s exploration field spreads beyond Golden Triangle, the company is quite active on running precious metal exploration in the Scottie Gold Mine project, Cambria Project, Georgia Project, etc.

Scottie Resources is listed on 3 different exchanges, namely: TSXV, OTCQB, and Frankfurt. But, as always we’ll focus on Scottie Resources (SCOT) Stock Price Prediction for its stocks that are listed on the TSX Venture Exchange.

Scottie Resources (SCOT) Stock Price Prediction 2024 – 2045

Scottie Resources (SCOT) Stock Price Prediction 2024

Had January not been taken into account, the performance of Scottie Resources would have mostly been on a sideways trend. Apart from January, there isn’t any month yet where the difference between the price at the start of the month and the end of the month, has been more than 10%.

Suggested reading: McCoy Global (MCB) Stock Price Prediction from 2024 to 2045 (Complete Information)

Scottie Resources (SCOT) Stock Price Prediction 2025

The average price of the stock of Scottie Resources (SCOT) for 2025 will be CAD 0.216, with a high forecast of CAD 0.224, and a lower forecast of CAD 0.211.

Scottie Resources (SCOT) Stock Price Prediction 2026

The average price of the stock of Scottie Resources (SCOT) for 2026 will be CAD 0.232, with a high forecast of CAD 0.239, and a lower forecast of CAD 0.225.

Scottie Resources (SCOT) Stock Price Prediction 2027

The average price of the stock of Scottie Resources (SCOT) for 2027 will be CAD 0.248, with a high forecast of CAD 0.255, and a lower forecast of CAD 0.240.

Scottie Resources (SCOT) Stock Price Prediction 2028

The average price of the stock of Scottie Resources (SCOT) for 2028 will be CAD 0.264, with a high forecast of CAD 0.272, and a lower forecast of CAD 0.256.

Scottie Resources (SCOT) Stock Price Prediction 2029

The average price of the stock of Scottie Resources (SCOT) for 2029 will be CAD 0.282, with a high forecast of CAD 0.290, and a lower forecast of CAD 0.274.

Scottie Resources (SCOT) Stock Price Prediction 2030

The average price of the stock of Scottie Resources (SCOT) for 2030 will be CAD 0.301, with a high forecast of CAD 0.310, and a lower forecast of CAD 0.292.

Scottie Resources (SCOT) Stock Price Prediction 2035

The average price of the stock of Scottie Resources (SCOT) for 2035 will be CAD 0.416, with a high forecast of CAD 0.429, and a lower forecast of CAD 0.404.

Scottie Resources (SCOT) Stock Price Prediction 2040

The average price of the stock of Scottie Resources (SCOT) for 2040 will be CAD 0.575, with a high forecast of CAD 0.593, and a lower forecast of CAD 0.559.

Scottie Resources (SCOT) Stock Price Prediction 2045

The average price of the stock of Scottie Resources (SCOT) for 2045 will be CAD 0.796, with a high forecast of CAD 0.820, and a lower forecast of CAD 0.772.

Scottie Resources (SCOT) Stock Price – Historical Pricing:

Scottie Resources (SCOT) Stock Price 2014

Trading on the shares of Scottie Resources was not consistent on the exchange in 2014. SCOT started trading as usual in January 2014 at 2.10 CAD on TSXV. After February 2014, the stock started trading again in June and after July passed, the stock took a 2-months-long break from the market after losing 99.09% value. It closed at 0.030 CAD in December 2014 with a 500% rise in stock-price.

Scottie Resources (SCOT) Stock Price 2015

In 2015, Scottie Resources traded on TSXV only for 3 months – January, March, June. SCOT’s opening prices in those months were 0.060 CAD, 0.100 CAD & 0.150 CAD and the closing prices were 0.060 CAD, 0.075 CAD and 0.050 CAD, respectively.

Scottie Resources (SCOT) Stock Price 2016

Scottie Resources’s trading in this year started from February – but only for one month before a halt in the trading. In the end, normal trading was restored in Scottie Resources from July 2016. After dropping 10.71% in December 2016, the price ceased to stop at 0.250 CAD.

Scottie Resources (SCOT) Stock Price 2017

If we don’t take into account the months of the year, namely: January – March, July & December, there wasn’t any noticeable movement in the stock in the rest of the year. In August, however, there was a great movement in the study, but it didn’t cause any huge difference between the opening price (0.200 CAD) and the closing price (0.195 CAD) of SCOT for that month. December indeed showed a huge 45.45% momentum for which SCOT closed at 0.320 CAD.

Scottie Resources (SCOT) Stock Price 2018

In 2018’s chart of Scottie Resources, there were only three months in which the stock closed in green, in all 9 other months, the stock closed making long or short red candles. Though, from February to August the trend for the stock was negative, it became sideways from September to December, making the stock close at 0.075 CAD.

Scottie Resources (SCOT) Stock Price 2019

Scottie Resource’s share price in the financial year 2019 saw a decent growth, The stock price went from 0.075 CAD in January to all the way up to 0.185 CAD in December 2019, signalling a 146% growth in the course of just one year.

Scottie Resources (SCOT) Stock Price 2020

Up until July 2020, Scottie Resources showed a quite strong growth in the share price. However, that thing ended in July itself as the stock rebounded back from the high of 0.53 CAD that it created in the same month. As a result, the stock price went quite down for it to close at just 0.330 CAD in December 2020.

Scottie Resources (SCOT) Stock Price 2021

Before August 2021, the movement of the share price of 2021 was quite unidirectional, however, after August 2021, it became sideways mainly. SCOT, which opened at 0.350 CAD in January 2021, closed at 0.180 CAD in December 2021.

Scottie Resources (SCOT) Stock Price 2022

Stock price of TSXV SCOT saw a little growth in February and March 2022 after this, the stock price began to consolidate. Towards the end 2022, we saw another growth in the share price that caused the share price to move to 0.265 CAD in December.

Scottie Resources (SCOT) Stock Price 2023

For 2023, the candles for SCOT on a monthly time frame flat till July and right after that they began to climb down. They stopped trading at the value of 0.195 CAD in December 2023.

Scottie Resources (SCOT) Stock Price: Technical analysis:

Chart and trend analysis:

The chart on monthly time frame for Scottie Resources gives a clear indication that it is in a sideways trend that started around February 2024. A sudden volume-growth was seen around April and the stock climbed from 0.190 CAD to 0.240 CAD then.

Indicator analysis:

Every moving average, on a daily time frame, notably EMA (10), EMA (20), SMA(10), and SMA (20) calls for a “sell” call for the stock – their value is around 0.175 – 0.179. On a monthly time frame also, they keep their call the same, the values now range from 0.179 – 0.204.

Scottie Resources (SCOT) Stock Price: Fundamental analysis:

Company financial overview:

Scottie Resources (SCOT)’s current market capitalization stands at 47.97 million SGD. The cash flow of Scottie Resources is getting worse year by year.

Company performance overview:

The company had a really messed up quarter in Q4 2023 when it recorded net revenue of -15.02M CAD – the number was worse than its previous year’s all net income combined (the value for the previous year’s net income was -9.52M CAD).

Disclaimer:

The stock price forecasts offered here are purely speculative and not intended as financial advice. The author and blog take no responsibility for any financial losses. Always consult a financial expert before making any investment decisions.

FAQ

Hilda J. Condit

 

Welcome to PredictTorontoStocks! I’m Hilda J. Condit, a seasoned finance professional with a passion for the stock market and a deep-rooted connection to the Toronto Stock Exchange (TSX). With a Bachelor’s degree in Finance and specialized training from CSI Global Education’s Canadian Securities Course (CSC), I bring years of experience and expertise to the world of investment.

Over the years, I have had the privilege of working closely with the TSX, gaining valuable insights and building strong relationships with a diverse range of clients across Canada. My career has been dedicated to providing tailored investment advice and helping individuals and institutions navigate the complexities of the stock market.

In launching PredictTorontoStocks, my goal is to share my knowledge and offer precise stock price predictions to empower investors in making informed decisions. Drawing on my extensive experience and analytical skills, I am committed to delivering accurate forecasts and valuable insights that can help you achieve your investment goals.

Thank you for joining me on this journey. I look forward to contributing to your success in the dynamic world of Toronto stocks.