Why is Micromem Technologies Inc. (CNQ: MRM.CN) stock down today?

MRM.CN on the CNQ is down -25.00% at $0.01 today, with price action that suggests selling interest.

What moved Micromem Technologies Inc. (CNQ: MRM.CN) stock today?

Today's move in MRM.CN on the CNQ came alongside volume -69.73% below average and a day range of $0.01–$0.01.

How much did Micromem Technologies Inc.'s (CNQ: MRM.CN) volume change today?

MRM.CN's volume on the CNQ was 44.00K, -69.73% below its average.

Is Micromem Technologies Inc. (CNQ: MRM.CN) breaking a resistance level?

MRM.CN on the CNQ is trading below its 50-day MA ($0.02) and below its 200-day MA ($0.03), which points to short-term and long-term weakness.

Why Is Micromem Technologies Inc. (CNQ: MRM.CN) Stock Up Today?

Live update on MRM.CN's movement on the CNQ, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

MRM.CN●CNQ

TechnologySemiconductors

$0.01

$0.005(25.000%)

Canadian Market opens in 1h 54m

MRM.CN is Down -25.00% today

You might want to check out Why is MRM.CN Down Today?

Micromem Technologies Inc. (CNQ: MRM.CN) Update

Volume (Unusual)

44.00K

↓ 70.00%

Open / Previous Close

$0.02 / $0.02

Day Range (Low / High)

$0.02 - $0.02

Micromem Technologies Inc. (CNQ: MRM.CN) Summary

Micromem Technologies Inc. (CNQ: MRM.CN) is trading down -25.00% at $0.02, reflecting a negative shift in investor sentiment today. The stock opened at $0.02 and has moved between $0.02 and $0.02 so far.

Trading volume is 44000, which is 70% below its average, and the price action suggests selling interest.

Technically, MRM.CN on the CNQ is trading below its 50-day moving average of $0.02 and below its 200-day moving average of $0.03, indicating short-term and long-term weakness.

Meyka's AI assigns MRM.CN a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +100.00% in 1 month ($0.03), -100.00% in 1 year ($0.00), and -100.00% in 5 years ($0.00).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the CNQ.
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MRM.CN (CNQ) Technical Signals

Trading below 50-day moving average ($0.02)

Trading below 200-day moving average ($0.03)

Analyst Recommendations data is not available for MRM.CNAnalyst Recommendations details for MRM.CN are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$0.03

1 Year

N/A

3 Years

N/A

5 Years

N/A

Good62.00

Is this change significant?

5-Day:-25.00%

1-Month:-40.00%

3-Month:-40.00%

What's next?

Next earnings date: 7/30/2025