The CHM.CN stock moved to C$0.05, up 900.00% on 04 Mar 2026 during CNQ regular hours, marking it among today’s highest-volume movers. This spike follows a low base — previous close was C$0.01 — and pushes market cap to about C$37,211,650.00. Traders should note average daily volume near 28,908.00 shares and the reported intraday print that left actual trade volume unclear. We break down valuation, balance-sheet signals, Meyka AI grading, and a short-term trading framework for Waverunner Capital Inc. (CHM.CN) on Canada’s CNQ exchange

CHM.CN stock: Price and volume snapshot

CHM.CN stock traded at C$0.05 on 04 Mar 2026, a 900.00% change from the prior close of C$0.01 and a year high of C$0.10. The market cap stands at C$37,211,650.00 with reported average volume 28,908.00 shares; intraday volume prints were incomplete, so liquidity during the spike is uncertain. Day low and high were both C$0.05, signalling a discrete trade event that short-term traders drove during CNQ market hours.

CHM.CN stock: Fundamentals and valuation

Waverunner Capital Inc. (CHM.CN) shows weak operating metrics: EPS -0.01, PE -5.00, negative book value per share and shareholders’ equity per share at -0.14. Cash per share is low at C$0.01 and current ratio is 0.10, indicating tight short-term liquidity. These fundamentals position CHM.CN as a speculative microcap with valuation driven more by event flow than steady earnings.

CHM.CN stock: Technicals and trading flow

Short-term technicals show the 50-day average C$0.04 and 200-day average C$0.05, placing the current print at the 200-day level. Historical moves show large percentage swings—1Y change 400.00%—so volatility is extreme and bid depth is thin. For high-volume movers strategy, watch intraday bid/ask spreads and execute using limit orders or size reduction to control slippage on CNQ.

CHM.CN stock: Meyka AI rates CHM.CN with a score out of 100

Meyka AI rates CHM.CN with a score out of 100: 64.97 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI, an AI-powered market analysis platform, flags weak liquidity and negative equity as key risk drivers while recognising potential upside if asset realization or successful venture exits occur.

CHM.CN stock: Risks and catalysts

Primary risks for CHM.CN stock are very low liquidity, negative book value, and thin cash buffers that create dilution or financing risk if management raises capital. Catalysts include venture exits, asset sale in renewable holdings, or clearer reporting on investments in plant-based wellness and biotech. The company’s June 2024 name change from Chemistree Technology to Waverunner Capital highlights strategic pivot risk and potential re‑rating events.

CHM.CN stock: Near-term outlook and trading strategy

For traders, CHM.CN stock is a short-term event play: confirm volume prints, set strict stop-losses, and avoid marketable size above visible depth. For longer-term investors, seek audited disclosures and evidence of cash or realizable assets before committing capital. Realistic near-term price target: C$0.08; Meyka AI’s 12-month model projects C$0.11, implying +120.00% vs C$0.05 today, but forecasts are model-based and not guarantees. Sources: Waverunner Capital website and company listing image at FinancialModelingPrep.

Final Thoughts

CHM.CN stock’s 900.00% intraday move to C$0.05 on 04 Mar 2026 is a clear high-volume mover signal, but the print rests on a thin liquidity base and a fragile balance sheet. Short-term traders can capture momentum if volume confirms, but must use tight risk controls and limit orders to manage slippage on the CNQ exchange. Longer-term investors should wait for audited updates on Waverunner Capital Inc.’s venture holdings or concrete asset realizations before adding exposure.

Meyka AI’s forecast model projects C$0.11 at 12 months, an implied upside of +120.00% from today’s price of C$0.05; this projection is model-based and not a guarantee. Given a Meyka AI grade of 64.97 (B, HOLD), the suggested stance is cautious: monitor volume, company filings, and any capital raises before increasing position size. Use the grades and targets as part of a broader, diversified strategy rather than a standalone buy signal.

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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.