Why did GOCO.CN stock drop 36% today?

The drop reflects a high-volume sell-off and liquidity pressure in a small-cap exploration stock. GOCO.CN stock lacks revenues, has negative EPS, and can move sharply on sentiment or capital-raising expectations.

What is Meyka AI's forecast for GOCO.CN stock?

Meyka AI's forecast model projects a monthly level near **C$0.05**, implying **-37.50%** from the current **C$0.08**. Forecasts are model-based projections and not guarantees.

Is GOCO.CN stock a buy after the drop?

Given exploration risk, limited liquidity, and negative earnings, Meyka AI currently grades GOCO.CN **B (HOLD)**. Investors should seek drill results or a stronger cash position before considering new buys.

How does sector performance affect GOCO.CN stock?

Basic Materials peers trade with higher market caps and stronger margins. Sector context magnifies GOCO.CN volatility because commodity and exploration news often shift sentiment across the group.

CA Stocks

GOCO.CN drops 36.00% to C$0.08 on CNQ market hours: liquidity pressure ahead

ByHuzaifa Zahoor February 20, 2026

The GOCO.CN stock plunged 36.00% to C$0.08 during CNQ market hours on 20 Feb 2026, driven by a large intraday volume spike of 159,192 shares. This sharp move put price well below the 50-day average of C$0.11 and tied it close to the 200-day average (C$0.08). Investors should treat today’s drop as a liquidity and sentiment event tied to exploration-stage risks rather than operational earnings, given Go Metals Corp. is in the exploration phase.