Why did SPMT.CN stock drop today?

SPMT.CN stock dropped due to heavy intraday selling, thin order books and a volume spike of **1,013,000** shares. The move widened the gap from moving averages and highlighted short-term liquidity strains.

What is Meyka AI’s price forecast for SPMT.CN stock?

Meyka AI's forecast model projects a 12‑month price target of **C$0.01**, implying **100.00%** upside from **C$0.005**. Forecasts are model-based projections and not guarantees.

Is SPMT.CN stock a buy or sell?

Meyka AI assigns a **C+ (58.86)** grade with a HOLD suggestion, while some external ratings show a **C- / Strong Sell**. Investors should do their own research and respect high liquidity and dilution risks.

What are the main risks for Spearmint Resources Inc.?

Main risks include continued negative earnings, low current ratio **0.22**, potential dilution from financing, and dependence on exploration milestones for McGee Lithium Clay.

CA Stocks

SPMT.CN Spearmint (CNQ) -33% to C$0.005 19 Feb 2026: Watch liquidity

ByHuzaifa Zahoor February 19, 2026

The SPMT.CN stock plunged during market hours to C$0.005, down -33.33% on 19 Feb 2026, driven by heavy intraday volume of 1,013,000 shares. Traders flagged the gap from the prior close of C$0.0075 as a liquidity shock for this microcap on the CNQ exchange in Canada. The move widened the stock’s 50-day and 200-day gaps from C$0.13 and C$0.18 averages, and amplified concerns over working capital and short-term funding for Spearmint Resources Inc.