CHM.CN Waverunner Capital CNQ up 900% Feb 23, 2026 market hours: volume alert
CHM.CN stock moved sharply during market hours after a one-day change of 900.00%, closing at C$0.05 on Feb 23, 2026. This sudden rise followed a previous close of C$0.01 and pushed the trading range to a day high of C$0.05. Traders should note the company’s small market cap of C$37,211,650.00 and average daily volume of 28,908.00 shares. We flag this as a high-volume mover setup and lay out valuation, technicals, and price targets below.
CHM.CN stock market mover snapshot
CHM.CN stock closed at C$0.05, a C$0.05 rise and 900.00% move on Feb 23, 2026 market hours. The company’s shares outstanding are 744,233,000.00 and market cap is C$37,211,650.00. The 50-day average price is C$0.04 and the 200-day average is C$0.05, showing recent low-price trading.
What likely drove the price action
The main driver is a liquidity squeeze on a low-float stock that traded well above its previous close. The stock’s avg volume is 28,908.00, so any block trade or retail interest can swing the price. Waverunner Capital’s June 2024 rebrand from Chemistree Technology may also have renewed interest from microcap investors.
Fundamentals and valuation: CHM.CN stock essentials
Waverunner Capital operates as a venture capital firm in Healthcare and renewables. Key ratios show EPS -0.01 and P/E -5.00, reflecting negative earnings. Price-to-book is -0.35 and cash per share is C$0.01. The company’s enterprise value is C$37,615,874.00 and book value per share is -C$0.14. These metrics point to a balance-sheet constrained microcap with limited operating cash flow.
Trading technicals and sector context
The stock’s year high is C$0.10 and year low is C$0.05, so current price is near the 52-week low-high midpoint. Healthcare sector averages show mixed performance and an average P/E of 13.77, above Waverunner’s negative earnings multiples. For traders, watch the gap between the 50-day average C$0.04 and intraday prints. Low current ratio 0.10 and negative operating cash flow per share indicate liquidity risk.
Meyka AI rates CHM.CN with a score out of 100
Meyka AI rates CHM.CN with a score out of 100: 64.93 (Grade B) — HOLD. This grade factors in S&P 500 and sector comparisons, financial growth, key metrics, forecasts, and analyst consensus. The score reflects modest upside potential but elevated risk from a weak balance sheet and thin liquidity. These grades are informational. They are not guarantees and are not financial advice.
Price targets, forecast and risk drivers
Meyka AI’s forecast model projects a near-term reference price of C$0.09. That implies an upside of 80.00% from today’s C$0.05. We also present a conservative target of C$0.08 (60.00% upside) and a bullish target of C$0.15 (200.00% upside). Forecasts are model-based projections and not guarantees. Key risks include low liquidity, negative EPS, negative book value, and reliance on non-core investments.
Final Thoughts
CHM.CN stock registered a dramatic market-hours move to C$0.05 on Feb 23, 2026, driven by thin liquidity and renewed retail interest. Fundamentals show EPS -0.01, P/E -5.00, and negative book value per share -C$0.14, which increases downside risk despite short-term upside potential. Meyka AI’s model projects a near-term price of C$0.09, an 80.00% implied upside from the current price. Traders should treat this as a high-risk, event-driven trade. Volume and order-book depth must confirm any follow-through above C$0.08. Remember the microcap profile: small market cap C$37,211,650.00, average volume 28,908.00, and large share count of 744,233,000.00 can amplify volatility. Meyka AI provides this as AI-powered market analysis and graders. For direct company details see the Waverunner Capital website and the company profile on FinancialModelingPrep for raw quotes and ratios source. Forecasts are model-based projections and not guarantees.
FAQs
What caused the CHM.CN stock move today?
The move was likely a liquidity-driven spike on thin float. CHM.CN stock saw a 900.00% one-day change and low average volume, letting small orders shift price sharply.
What is Meyka AI’s view on CHM.CN stock?
Meyka AI rates CHM.CN 64.93 (B, HOLD). The grade balances sector comparisons, growth metrics, and analyst inputs. It flags liquidity and negative book value as main risks.
What price targets exist for CHM.CN stock?
Meyka AI’s model projects C$0.09 near term. Conservative and bullish targets are C$0.08 and C$0.15. These are model projections, not guarantees.
Should I trade CHM.CN stock now?
This is a high-risk microcap trade. If trading, use tight risk controls, confirm volume and order-book depth, and keep position sizes small given the low liquidity.
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.