LMP CAPITAL & INCOME FUND INC.
No SEC Form 4 filings for $SCD in the last 30 days.
Simply Wall St examined Scandium Canada (CVE:SCD) cash burn. The firm reported CA$12m cash and zero debt on its May 2026 balance sheet (July 2026). With CA$8.9m annual cash burn and 138% spending growth over the prior year, it had about 16 months runway. Market cap was CA$86m, implying burn near 10% of value.
Scandium Canada (TSX-V:SCD) arranged a private LIFE financing to raise C$5 million (about $5.1 million) for its Crater Lake Project in Nunavik, Quebec. It will issue 25 million charity flow-through units at C$0.20, each with a warrant exercisable at C$0.22 for 24 months. Proceeds will fund exploration and a 4,000m drilling program.
Advisors Asset Management Inc. significantly reduced its stake in LMP Capital and Income Fund Inc. ($SCD) by 22.2% in the third quarter, selling 78,239 shares and holding 274,776 shares valued at $4.267 million. Other institutional investors like Truist Financial Corp and Wolverine Asset Management LLC also made changes to their positions. The fund recently declared a monthly dividend of $0.12 per share, yielding 9.0% annually, and its stock price is currently $16.06.
Over the past 7 days, alphai's AI scored 2 news stories mentioning SCD (LMP CAPITAL & INCOME FUND INC.). Coverage has been balanced: 0 bullish, 2 neutral, and 0 bearish.
Recent SCD coverage spans financial news and corporate actions.
The article frames near-term funding risk as manageable but worsening, given cash burn rose 138% over the last year.
The financing provides near-term funding for drilling and PFS work at Crater Lake, but the charity flow-through structure implies dilution and potential tax-driven investor demand.
Institutional selling of 78,239 shares (~22.2%) by Advisors Asset Management Inc. suggests a potential decrease in demand, possibly exerting downward pressure on SCD's stock price. The fund's recent dividend yield of 9.0% indicates income appeal, but the recent sell-off warrants caution.
alphai scores every news story that mentions SCD with an AI model for sentiment and relevance, and aggregates insider trades from LMP CAPITAL & INCOME FUND INC.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Simply Wall St examined Scandium Canada (CVE:SCD) cash burn. The firm reported CA$12m cash and zero debt on its May 2026 balance sheet (July 2026). With CA$8.9m annual cash burn and 138% spending growth over the prior year, it had about 16 months runway. Market cap was CA$86m, implying burn near 10% of value.
4 min readScandium Canada (TSX-V:SCD) arranged a private LIFE financing to raise C$5 million (about $5.1 million) for its Crater Lake Project in Nunavik, Quebec. It will issue 25 million charity flow-through units at C$0.20, each with a warrant exercisable at C$0.22 for 24 months. Proceeds will fund exploration and a 4,000m drilling program.
2 min readAdvisors Asset Management Inc. significantly reduced its stake in LMP Capital and Income Fund Inc. ($SCD) by 22.2% in the third quarter, selling 78,239 shares and holding 274,776 shares valued at $4.267 million. Other institutional investors like Truist Financial Corp and Wolverine Asset Management LLC also made changes to their positions. The fund recently declared a monthly dividend of $0.12 per share, yielding 9.0% annually, and its stock price is currently $16.06.
3 min read
