CHM.CN at C$0.05 on 03 Jan 2026 CNQ market hours: high-volume mover with mixed fundamentals

The CHM.CN stock trades at C$0.05 on CNQ during market hours on 03 Jan 2026 after a historic 900.00% recorded spike from C$0.01 to C$0.05 on June 18, 2024. Waverunner Capital Inc. (CHM.CN) is a Canada-listed venture capital vehicle focused on early-stage and renewable-energy stakes, and investors are watching liquidity and fundamentals closely. Average daily volume is 28,908 shares and the company carries a market cap of C$37,211,650.00. This report focuses on high-volume mover dynamics, valuation metrics, and a short-term forecast.

Market snapshot

CHM.CN price is C$0.05 with a reported change of C$0.05 and a recorded change percentage of 900.00% versus the previous close of C$0.01. Shares outstanding total 744,233,000 and average volume is 28,908 shares. The 50-day average price is C$0.04 and the 200-day average is C$0.05, signaling price action concentrated near short- and medium-term averages.

Company profile and fundamentals

Waverunner Capital Inc. operates as a venture capital firm investing across Europe and North America in early-stage, PIPEs and renewable energy projects; the corporate website is company site. Trailing EPS is -C$0.01 and reported PE is -5.00, reflecting negative earnings. Book value per share is -C$0.11 and cash per share is C$0.01, while enterprise value is C$37,599,846.00. These metrics point to a capital-light, loss-making structure typical of small VC vehicles.

Recent price action and drivers

The most salient recent move was the 900.00% rise recorded on June 18, 2024, which lifted the stock from C$0.01 to C$0.05 and set the year high at C$0.10. That jump increased market attention but did not materially change trailing operating cash flow per share of -C$0.06. There is no confirmed live intraday volume in the feed today, so abrupt intraday moves may reflect thin liquidity and retail interest rather than new large institutional flows.

Technical, liquidity and sector context

Technically CHM.CN is trading near its 200-day average of C$0.05 and above its 50-day average of C$0.04, yet average volume of 28,908 shares makes liquidity shallow versus mid-cap peers. The stock sits in the Healthcare sector on CNQ where the sector showed a 1-day performance of -2.36% recently, indicating modest short-term weakness in broader healthcare and drug manufacturers groups. Watch bid-ask spreads and order-book depth before trading.

Meyka grade and valuation signals

Meyka AI rates CHM.CN with a score out of 100: 65.15 (Grade: B | Suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Key ratios: market cap C$37,211,650.00, price-to-book ratio -0.46, return on equity 9.51%, current ratio 0.16. These mixed signals explain a neutral HOLD posture rather than a BUY recommendation.

Risks and opportunity drivers

Primary risks include continued negative earnings, a negative book value per share of -C$0.11, and shallow liquidity that can amplify volatility. Opportunities include upside from successful exits in portfolio companies and any capital raises that strengthen the balance sheet. Corporate strategy shift after the June 2024 rebrand from Chemistree Technology Inc. to Waverunner Capital Inc. remains a watch point for potential asset revaluation.

Final Thoughts

CHM.CN is a classic small-cap, high-volatility mover on the CNQ market during market hours on 03 Jan 2026, trading at C$0.05 with a market cap of C$37,211,650.00 and trailing EPS of -C$0.01. Liquidity is limited with average volume of 28,908 shares and book value per share of -C$0.11. Meyka AI’s forecast model projects a 12-month target of C$0.08, implying an upside of 60.00% from the current C$0.05; this projection is model-based and not a guarantee. Given the B grade (score 65.15) and the firm’s negative fundamentals, short-term traders may be attracted to volatility while longer-term investors should demand clear revenue or exit catalysts and improved cash metrics before increasing exposure. Use tight sizing and clear stop rules because thin markets can move fast.

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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.