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Critical & Specialty Minerals Summary for Feb. 20, 2026

2026-02-20 17:15 ET - Market Summary

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by Will Purcell

The critical and specialty minerals stocks box score on Friday was a positive 93-78-159 as the TSX Venture Exchange rose 25 points to 1,043. Scandium Canada Ltd. (SCD) continues to trade busily on its treadmill, closing unchanged at 22.5 cents on 4.8 million shares today. It had no news -- other than to say it will be tooting its horn later this month at a "mining showcase" being held as a lead-in event to the annual Prospectors and Developers Association of Canada dog-and-pony show in Toronto.

Deepak Varshney's Usha Resources Ltd. (USHA) was unchanged at 6.5 cents on 253,000 shares when it last traded on Thursday. The company -- which promotes itself as a "North American mineral acquisition and exploration company" -- continues to "streamline its portfolio and focus on its core assets" through the sale of the Rubidium Ridge pegmatite project in Northwestern Ontario to Ram Kumar's Panther Minerals Inc. (PURR). Panther, which also touts itself as a "North American mineral acquisition and exploration company," can acquire a 100-per-cent interest in the project by paying $80,000 in cash and issuing 4.5 million shares to Usha.

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