C$0.48 SUPR.CN Supernova Metals Corp. (CNQ) 26 Jan 2026: oversold bounce setup
SUPR.CN stock trades at C$0.48 on the CNQ as of 26 Jan 2026, a level that sets up a potential oversold bounce for short-term traders. Volume is thin at 2,504.00 shares versus an average of 15,078.00, which raises liquidity risk but increases the chance of sharp moves on catalyst news. The company’s book value per share remains large at C$26.82, while EPS is negative at -0.04, underlining a resource-explorer profile rather than an earnings story. We outline technical triggers, valuation facts, Meyka AI forecasts, and a trading plan for the oversold bounce strategy.
Price snapshot: SUPR.CN stock current levels and liquidity
Supernova Metals Corp. (SUPR.CN) is at C$0.48 with a day range of C$0.48–C$0.48 and a year range of C$0.09–C$0.56. Market capitalization stands at C$15,606,720.00 with 32,514,000.00 shares outstanding, showing a micro-cap structure and low free-float liquidity. Average volume is 15,078.00 versus today’s 2,504.00, so price moves can be volatile on small orders and news.
Why an oversold bounce: SUPR.CN stock technical context
The stock’s short-term pattern suits an oversold bounce trade because the 50-day average is C$0.45 and the 200-day average is C$0.26, creating a wide longer-term base. Low relative volume and a recent flat price create conditions where a small positive catalyst can lift price quickly. Traders should note technical indicators are sparse; use tight stops due to unreliable RSI and MACD readings on this thinly traded ticker.
Fundamentals and valuation: SUPR.CN stock metrics
On fundamentals, SUPR.CN shows EPS -0.04 and reported a PE of -12.00, reflecting negative earnings typical for exploration-stage miners. Book value per share is C$26.82 and price-to-book is 0.02, indicating the market price is far below reported book value. Working capital metrics show a current ratio of 2.52, and cash per share is C$0.64, highlighting cash runway but limited operating revenue.
Meyka grade and model: SUPR.CN stock technical analysis and forecast
Meyka AI rates SUPR.CN with a score out of 100: 59.57 (Grade C+, Suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a 1‑year price of C$0.418, implying -12.92% versus the current C$0.48, and a 3‑year price of C$0.766 implying +59.58% upside from today. Forecasts are model-based projections and not guarantees.
Risks and catalysts for SUPR.CN stock
Key risks include very low liquidity, negative earnings, and sector sensitivity to commodity prices in Basic Materials. Catalysts that could trigger an oversold bounce include drill results, option-exercise financing, or lithium/silver market moves in Canada and Nevada. Keep position sizing small and set risk limits; a single press release can swing price by double-digit percentages on low volume.
Trading plan and price targets: SUPR.CN stock oversold bounce strategy
For an oversold bounce setup, consider a short-term trade with a tight stop below C$0.44 and a first profit target near the recent high C$0.56. A conservative price target based on Meyka scenarios is C$0.42 (defensive), a base target C$0.76 (3‑year model), and a longer-horizon target C$1.11 (5‑year model). Scale sizes because of low liquidity and review news at Supernova Metals site before trading.
Final Thoughts
SUPR.CN stock at C$0.48 presents a classic micro-cap oversold bounce candidate: low volume, compressed recent price action, and a wide range between the 50‑day (C$0.45) and 200‑day (C$0.26) averages. Fundamentals show negative EPS (-0.04) and a price‑to‑book of 0.02, so upside from a bounce would be trading-driven rather than earnings-driven. Meyka AI’s forecast model projects C$0.418 in one year (≈-12.92% vs today) and C$0.766 in three years (≈+59.58%), illustrating divergence between short-term bounce potential and modelled near-term downside. For traders, a disciplined oversold-bounce plan is to size small, use a stop near C$0.44, and take profits toward C$0.56–C$0.76 while monitoring catalysts and liquidity. These scenarios are for analysis only; forecasts are model-based projections and not guarantees. For company filings and the latest updates consult the issuer site and Meyka AI’s stock page for real‑time alerts Meyka stock page.
FAQs
Is SUPR.CN stock a buy after the recent pullback?
SUPR.CN stock may fit a speculative oversold-bounce trade, but fundamentals show negative EPS and thin liquidity. Use small position sizes, a tight stop, and confirm a catalyst before entering.
What price targets does the Meyka forecast suggest for SUPR.CN stock?
Meyka AI’s model projects C$0.418 in one year and C$0.766 in three years, implying about -12.92% and +59.58% vs C$0.48 today. Forecasts are model projections, not guarantees.
What are the biggest risks when trading SUPR.CN stock?
Major risks include very low daily volume, negative earnings, dependence on exploration results, and commodity price swings. Low liquidity can amplify losses on adverse news.
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.
