CDVA.CN stock up 350.00% to C$0.045 CNQ: Meyka forecast sees 100.00% upside
CDVA.CN stock moved sharply during market hours on 25 Feb 2026 after a one-day gain of 350.00% to C$0.045 on the CNQ exchange in Canada. Volume rose to 34,000 shares versus an average of 22,049. We review drivers, key ratios and the short-term Meyka forecast that points to a possible C$0.09 monthly target, while noting liquidity and valuation risks.
CDVA.CN stock: Today’s price action and volume
CordovaCann Corp. (CDVA.CN) opened at C$0.01 and traded as high as C$0.045 today. The move represents a 350.00% intraday rise from the prior close of C$0.01.
Trading volume was 34,000 shares, a relative volume of 1.54, above the 50-day average of 22,049. The spike suggests short-term speculative interest and limited free float movement.
CDVA.CN stock: Fundamentals and valuation snapshot
CordovaCann reported EPS of -0.02 and a reported PE of -2.25, reflecting negative earnings. Market cap stands near C$4,941,156 with 109,803,460 shares outstanding.
Key ratios show price-to-sales 0.08 and price-to-free-cash-flow 1.05. Book value per share is negative at -0.05, and the current ratio is weak at 0.19, indicating tight short-term liquidity.
CDVA.CN stock: Technicals and momentum signals
Momentum indicators are stretched. The RSI reads 64.33, CCI is 221.26 and ADX is 33.80, indicating a strong short-term trend.
Bollinger Bands sit at 0.04 / 0.02 / 0.01, ATR is 0.01, and MFI is 87.63, which signals overbought conditions and possible short-term pullbacks.
CDVA.CN stock: Meyka grade and market consensus
Meyka AI rates CDVA.CN with a score out of 100: 68.80 (Grade B, Suggestion: HOLD). This grade factors S&P 500 and sector comparisons, financial growth, key metrics and analyst consensus.
Independent third-party company rating dated 2026-02-20 shows a firm rating of C with a Sell recommendation. For peer comparison and recent competitor views see Investing.com Nigeria comparison and Investing.com India comparison.
CDVA.CN stock: Price forecasts and realistic targets
Meyka AI’s forecast model projects a monthly target of C$0.09 and a quarterly projection of C$0.04 for CDVA.CN stock. Compared with the current price of C$0.045, the C$0.09 monthly projection implies an upside of 100.00%.
The quarterly model level of C$0.04 implies downside of -11.11% versus today. Forecasts are model-based projections and not guarantees.
CDVA.CN stock: Risks, liquidity and trading notes
Liquidity is limited. Average daily volume is 22,049 shares and free float appears constrained. Small trades can move price sharply.
Operationally, CordovaCann runs retail cannabis stores and faces sector regulation, margin pressure and negative working capital of -7,537,048. Earnings are due 4 March 2026, which could add volatility.
Final Thoughts
CDVA.CN stock delivered a dramatic intraday surge to C$0.045, driven by thin liquidity and a volume pick-up to 34,000 shares. Fundamentals remain mixed: EPS is -0.02, PE is -2.25, and book value per share is negative. Meyka AI’s forecast model projects a monthly target of C$0.09, implying about 100.00% upside from today, while the quarterly projection sits at C$0.04, which implies -11.11% downside. Meyka AI rates CDVA.CN with a 68.80 score (Grade B, HOLD), balancing sector comparisons and metrics. Traders should treat the move as high-risk, short-term momentum rather than a validated recovery. We recommend close monitoring around the earnings date on 2026-03-04 and using limit orders if trading. For detailed peer data, see the Investing.com competitor comparisons and our Meyka AI stock page for CDVA.CN for live updates.
FAQs
What drove the CDVA.CN stock surge today?
The surge was driven by thin liquidity, a volume spike to 34,000 shares and short-term momentum indicators. No single corporate catalyst was published. Expect volatile trading until the 2026-03-04 earnings report.
What is the Meyka forecast for CDVA.CN stock?
Meyka AI’s forecast model projects a monthly target of C$0.09 for CDVA.CN stock, implying roughly 100.00% upside from the current C$0.045 price. Forecasts are projections, not guarantees.
Is CDVA.CN stock a buy after the move?
Meyka AI grades CDVA.CN B with a HOLD suggestion. The company shows weak liquidity and negative book value. Active traders may trade momentum, while longer-term buyers should wait for clearer earnings and cashflow signals.
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.