CAND-H.V stock -20% intraday (24 Feb 2026): top TSX loser, catalysts to watch
CAND-H.V stock fell 20.00% intraday to CAD 0.02 on 24 Feb 2026, making it one of the top losers on the TSX market today. Volume of 128,045 shares traded versus an average of 191,762, signalling thin liquidity and large price swings. We examine drivers behind the drop, key balance sheet metrics, and what traders should watch next for Candelaria Mining Corp. (CAND-H.V) on the TSX in Canada.
Intraday price action and volume
CAND-H.V stock opened at CAD 0.02 and hit an intraday high and low of CAD 0.02. The stock is down 20.00% from a previous close of CAD 0.03. Reported volume is 128,045 shares, below its 50-day average volume of 191,762, which suggests limited participation. Low liquidity can magnify moves in penny miners like Candelaria Mining Corp. on the TSX.
Why the drop: news, liquidity and sector context
There is no scheduled earnings release before 2026-03-31, so the sell-off looks driven by thin order books and sector flows. The Basic Materials sector is up 3.26% today, but gold peers show mixed momentum. CAND-H.V’s market cap is CAD 2,997,460.00, which makes it sensitive to small trades. We link the company site for filings and updates Candelaria Mining Corp..
Fundamentals and valuation snapshot
Candelaria Mining Corp. reports negative earnings per share and lacks a trailing PE. Key ratios show stress: a current ratio of 0.01, book value per share of -0.02, and enterprise value of CAD 6,823,460.00. The company holds two exploration projects in Mexico and still posts negative operating cash flow per share of -0.00. These metrics explain limited investor appetite for the stock at current prices.
Technicals and short-term setup for CAND-H.V stock
Technical indicators show oversold readings. RSI is 44.86, MFI is 17.69 indicating oversold conditions, and ADX is 41.38 showing a strong trend. Bollinger Bands run CAD 0.03/0.03/0.02, keeping price near the lower band. With average price 50 at CAD 0.03 and 200 at CAD 0.01, the short-term bias remains negative but mean reversion is possible on heavy volume.
Meyka AI grade and analyst context
Meyka AI rates CAND-H.V with a score out of 100: 62.61 (Grade B) — HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The wider market view and the company’s weak liquidity weight the grade. This is informational only; we are not financial advisors.
Risks, catalysts and watchlist items
Risks include ongoing negative cash flow, negative book value, and small market cap near CAD 2.99M. Catalysts that could move the stock include drill results from Caballo Blanco, financing announcements, and any M&A chatter. Watch volume spikes above 191,762 and regulatory filings. For quick updates, see Meyka AI’s live CAND-H.V page Meyka stock page.
Final Thoughts
Key takeaways: CAND-H.V stock is trading at CAD 0.02 after a 20.00% intraday decline on 24 Feb 2026. Low liquidity, negative cash flow, and a minimal market cap explain sharp intraday moves. Meyka AI’s forecast model projects a quarterly target of CAD 0.07, implying a 250.00% upside versus today’s price. Conservatively, a near-term support price target is CAD 0.02, with a base case target of CAD 0.07 and an optimistic scenario of CAD 0.12 for a longer horizon. Forecasts are model-based projections and not guarantees. Monitor financing updates, drill results, and volume above 191,762 shares. Use tight risk controls if trading pennies like Candelaria Mining Corp. on the TSX.
FAQs
Why did CAND-H.V stock drop 20% today?
The decline reflects thin liquidity and small market cap. Volume was 128,045 versus a 191,762 average. No major earnings or corporate news preceded the drop, so order-book imbalances likely amplified selling.
What is Meyka AI’s forecast for CAND-H.V stock?
Meyka AI’s forecast model projects a quarterly price of CAD 0.07, implying 250.00% upside from CAD 0.02. Forecasts are model-based projections and not guarantees.
Is Candelaria Mining Corp. a buy after the drop?
Meyka AI assigns a B (62.61) grade and a HOLD suggestion. The company has negative cash flow and low liquidity, so any buy decision needs strong risk limits and event-driven catalysts.
What catalysts could lift the CAND-H.V stock?
Positive drill results at Caballo Blanco, a financing with favourable terms, or strategic partnership news could trigger price gains. Watch regulatory filings and spikes in volume above 191,762 shares.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.