Why did TEX.CN jump 33.33% today

The intraday rise to C$0.22 on 02 Jan 2026 coincided with a volume spike to 263,250 versus an average of 57,174. No company-specific press release was identified, so the move likely reflects small-cap flows and renewed market interest in Basic Materials explorers

What are the key valuation metrics for Targa Exploration

TEX.CN trades at C$0.22 with PB 1.71, EPS -0.04 and current ratio 3.47. Market cap is CAD 6,821,606.00. These metrics point to a low market valuation but negative earnings and exploration risk

What price targets does Meyka AI project for TEX.CN

Meyka AI's forecast model projects a quarterly target of C$0.24 (implied upside 9.09%) and a 12-month target of C$0.25 (implied upside 14.65%) versus the current C$0.22. Forecasts are model-based projections and not guarantees

Is TEX.CN liquid enough for trading

Liquidity is thin for a liquid trading strategy: average volume is 57,174 while today’s volume reached 263,250. Traders should size positions carefully and use limit orders given ATR C$0.02 and micro-cap volatility

CA Stocks

TEX.CN up 33.33% on 02 Jan 2026: C$0.22 intraday, volume surge signals renewed interest

ByDanny Kontos January 3, 2026January 3, 2026

TEX.CN stock jumped 33.33% to C$0.22 on 02 Jan 2026 during Canadian market hours on the CNQ exchange as volume rose to 263,250 shares versus an average of 57,174. The move leaves Targa Exploration Corp. (TEX.CN) trading above its 50-day average of C$0.19 and 200-day average of C$0.16, suggesting renewed retail or sector interest in this Basic Materials explorer. This report, informed by the Meyka AI-powered market analysis platform, breaks down the drivers, fundamentals, technicals, and a model-based forecast to help investors evaluate the upside and risks in CAD