+136.84% WBGD.CN Waraba Gold (CNQ) 22 Jan 2026 market hours: watch volume
Waraba Gold Limited (WBGD.CN stock) jumped 136.84% to C$0.45 on heavy volume in market hours on 22 Jan 2026. The move followed a spike in trades to 54,174 shares versus an average of 2,817. This high-volume mover outperformed many small-cap peers in the Basic Materials sector in Canada. Traders should note that intraday range was C$0.235–0.45, and the stock closed near the day high.
WBGD.CN stock: intraday move and volume
WBGD.CN stock led volume today on CNQ in Canada. Price rose from C$0.19 previous close to C$0.45. Volume was 54,174, about 19.23x the average. The relative volume spike shows retail or event-driven interest. Day low was C$0.235 and day high was C$0.45. Watch short-term liquidity and follow-up volume tomorrow.
WBGD.CN stock: fundamentals and valuation
Waraba Gold Limited trades at market cap C$4,210,114.00 on CNQ. EPS is -0.29 and PE ratio reads -1.55. Shares outstanding are 9,355,808. Price averages are 50-day C$0.12 and 200-day C$0.22. Book value per share is -0.20. Current ratio is 0.02, indicating tight short-term liquidity. These metrics show exploration-stage finances, not operating cash flow from mining.
WBGD.CN stock: technicals and trend signals
Technical indicators show a strong short-term trend for WBGD.CN stock. RSI is 63.35, CCI reads 185.83, and ADX is 34.55. Price sits above the 50-day and 200-day averages. Bollinger Bands are C$0.06–0.16, showing wide volatility. The stock appears overbought on MFI at 98.66. Traders should use stop levels and watch whether volume sustains the rally.
WBGD.CN stock: Meyka grade and forecast
Meyka AI rates WBGD.CN with a score out of 100 as 67.42 | Grade: B | Suggestion: HOLD. This grade factors S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects monthly C$0.19, yearly C$0.12, and three-year C$0.20. Compared with the current price C$0.45, the one-year projection implies downside near -73.33% and the three-year projection implies downside near -55.11%. Forecasts are model-based projections and not guarantees.
WBGD.CN stock: catalysts, risks and sector context
Waraba Gold focuses on the Fokolore project in Mali. Exploration results and permitting are primary catalysts. Key risks include political risk in West Africa and cash constraints. Basic Materials sector performance has been strong this year, with gold and miner peers up materially. Use sector context when sizing positions and stress-test for exploration setbacks.
WBGD.CN stock: trading levels and price targets
Short-term targets and scenarios for WBGD.CN stock. Conservative near-term support sits at C$0.24. Base case target for six months is C$0.30. Bull case target aligns with the year high at C$0.72. Stop-loss discipline is essential given volatility. Position sizes should reflect exploration risk and low free-float liquidity.
Final Thoughts
WBGD.CN stock was the clear high-volume mover on CNQ during market hours on 22 Jan 2026, rising 136.84% to C$0.45 on 54,174 shares. Fundamentals show an exploration-stage balance sheet, with EPS -0.29, PE -1.55, and constrained liquidity. Technicals show strong momentum, with RSI 63.35 and ADX 34.55, but indicators signal overbought conditions. Meyka AI rates WBGD.CN with a score out of 100 at 67.42 (B, HOLD) and its model projects C$0.20 in three years versus today’s price. Traders should treat this as an event-driven trade, size positions for high volatility, and monitor follow-through volume and project news. Meyka AI provides this AI-powered market analysis platform view for context, not investment advice. Forecasts are model-based projections and not guarantees.
FAQs
What caused the WBGD.CN stock spike today
The jump came with heavy volume. Traders reacted to exploration updates and speculative buying. Volume was 54,174, well above the 2,817 average, driving price to C$0.45 during market hours on 22 Jan 2026.
How does Meyka rate WBGD.CN stock
Meyka AI rates WBGD.CN with a score out of 100 at 67.42, grade B, suggestion HOLD. The score factors benchmark, sector, growth, metrics and forecasts.
What are realistic price targets for WBGD.CN stock
Near-term support is C$0.24. A six-month base target is C$0.30. A bull case reaches the year high of C$0.72. Targets assume successful exploration news and stable liquidity.
Should I trade WBGD.CN stock after the volume spike
Treat WBGD.CN stock as high risk and event-driven. Use small position sizes and tight risk limits. Confirm follow-through volume before adding exposure and monitor Mali project updates closely.
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.
