SPIR.CN Spirit Blockchain CNQ -33% to C$0.01 25 Feb 2026: liquidity alert
SPIR.CN stock plunged -33.33% to C$0.01 on 25 Feb 2026 during market hours, making Spirit Blockchain Capital Inc. one of the top losers on the CNQ. The move followed low intraday liquidity — volume 57,900 versus average 179,035 — and a thin market-cap of C$1,574,480. Investors should note weak fundamentals: trailing EPS -0.10 and a negative PE ratio -0.10, which tie earnings weakness to the share drop. This report examines drivers, ratios, technicals, Meyka grading, and realistic price targets for traders and investors.
SPIR.CN stock: market move and immediate drivers
The stock trade closed at C$0.01 after opening at C$0.015, a C$0.005 intraday fall equal to -33.33%.
Lower-than-average liquidity explains the size of the move: volume 57,900 is 0.32x the avg volume 179,035, which magnifies price swings in the CNQ listing.
Balance sheet and valuation signals for Spirit Blockchain Capital Inc.
Spirit Blockchain Capital Inc. reports EPS -0.10 and a negative PE -0.10, reflecting net losses and little earnings coverage.
Key ratios show pressure: current ratio 0.32, cash per share C$0.00048, and book value per share -0.00615, underlining tight working capital and negative equity measures.
Technicals, trading patterns and sector context
Technically the stock sits near its year low C$0.01 with a 50-day average C$0.01 and 200-day C$0.03, suggesting a long-term downtrend.
Compared with the Financial Services sector averages (current ratio ~1.0, avg PE ~13.21), Spirit Blockchain’s liquidity and valuation profiles lag its peers and increase sector-relative risk.
Meyka AI rates SPIR.CN with a score out of 100
Meyka AI rates SPIR.CN with a score out of 100: 66.23 | Grade B | Suggestion HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Note company-level rating details show mixed signals: enterprise metrics are weak but ROE reads strong; overall the grade reflects small-cap volatility and limited liquidity. These grades are not guaranteed and we are not financial advisors.
Price targets, Meyka forecast and analyst gaps
There is no visible analyst price-target consensus; market data shows year high C$0.14 and year low C$0.01.
Meyka AI’s forecast model projects a monthly change of -0.07 (model output). Compared to the current price C$0.01, that model-implied move equates mathematically to -700.00%, which highlights model instability at microcap price floors. For practical planning we set a cautious short-term target C$0.02 (+100.00% upside) and a downside trigger C$0.005 (-50.00% downside). Forecasts are model-based projections and not guarantees.
Risks, opportunities and trading strategy
Primary risks are severe liquidity, negative working capital, and continued operating losses; market cap C$1,574,480 magnifies single-trade impact.
Opportunities exist only for high-risk speculators: if the company secures new treasury assets or proof-of-staking revenue, a rebound toward C$0.05 (implied +400.00%) is plausible, but this requires clear operational improvements and better trading depth.
Final Thoughts
SPIR.CN stock finished market hours at C$0.01 on 25 Feb 2026 after a -33.33% drop. The key takeaways: liquidity is the main driver, with volume 57,900 and average volume 179,035 leaving the CNQ-listed name vulnerable to outsized moves. Fundamental metrics — EPS -0.10, current ratio 0.32, and negative book value per share — increase downside risk for longer-term investors. Meyka AI rates SPIR.CN 66.23/100 (B, HOLD) and provides a model monthly output of -0.07; compare that model to the current price C$0.01 with caution because microcap forecasts can be unstable. For traders we offer pragmatic targets: short-term price target C$0.02 (implied +100.00%), downside stop C$0.005 (implied -50.00%), and a speculative 12-month upside case C$0.05 (+400.00%) if operational improvements occur. All forecasts are model-based projections and not guarantees. For live order book updates and historical trades see SPIR.CN on Meyka and official comparisons at Investing.com.
FAQs
Why did SPIR.CN stock drop -33% today?
The drop followed low liquidity and thin order flow: volume 57,900 vs avg 179,035, magnifying a modest sell order into a -33.33% move. Weak fundamentals like EPS -0.10 also weighed on sentiment.
What is Meyka AI’s view on SPIR.CN stock?
Meyka AI gives SPIR.CN a 66.23/100 score (Grade B, HOLD). The grade factors sector comparison, financial metrics, forecasts, and analyst signals. This is informational and not investment advice.
What price targets and risks apply to SPIR.CN stock?
Practical targets: short-term C$0.02 (+100.00%), downside C$0.005 (-50.00%), speculative 12-month C$0.05 (+400.00%). Key risks are liquidity, negative book value, and operating losses.
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.