CAD 0.015: MIRL.CN Minera IRL (CNQ) 13 Jan 2026 oversold bounce, watch volume
The MIRL.CN stock is trading at CAD 0.015 on 13 Jan 2026 during market hours, marking a short-term bounce after extended weakness. Minera IRL Limited (MIRL.CN) on the CNQ market shows thin liquidity with volume 1,000 versus average volume 18,098, and a one-year range of C$0.01–C$0.035. For oversold-bounce traders, the setup combines low price, tight trading range, and valuation anomalies, but it requires strict risk control because market cap is C$3,467,025.00 and EPS is -0.11. We use price, volume and ratios to frame a measured rebound plan
MIRL.CN stock technical snapshot
MIRL.CN stock is stable at C$0.015 with a day range of C$0.015–C$0.015 and relative volume 0.055. Short-term averages show a 50-day price of C$0.0156 and a 200-day price of C$0.017975, indicating a longer downtrend. Low on‑book trading (volume 1,000) raises execution risk for a bounce trade.
MIRL.CN stock oversold bounce strategy
The oversold bounce setup for MIRL.CN stock targets a mean-reversion move toward the 50-day average; a tactical entry near C$0.015 with a stop below C$0.01 limits downside. Traders should size positions for low liquidity and prefer limit orders; confirm any move with volume above 5,000 before adding.
MIRL.CN stock financials and valuation
Minera IRL Limited reports EPS -0.11 and PE approximately -0.136, with book value per share 0.06857 and price/book near 0.1576, signaling deep value multiples on a slim equity base. Enterprise value metrics show high leverage (debt/equity 7.2348) and a current ratio 0.07216, so capital structure risk offsets low headline multiples.
MIRL.CN stock catalysts and sector context
As a gold‑sector explorer in Peru, Minera IRL (MIRL.CN) can react to metal prices, permitting a short-term upside if gold firmed. Recent comparison coverage and platform listings source show peer metrics that could re-rate MIRL.CN stock on positive news or project milestones.
MIRL.CN stock trading setup and risks
Key trading risks for MIRL.CN stock are extreme illiquidity, wide bid-ask spreads, and balance-sheet leverage; working capital is negative C$-141,929,000.00. Reward scenarios assume a move to mid-range resistance near C$0.025–C$0.035, but traders must accept rapid gap risk and use small size.
Meyka grade and model forecast for MIRL.CN stock
Meyka AI rates MIRL.CN with a score of 59.06 out of 100 (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 model flags a speculative oversold bounce trade, not a fundamental buy, given leverage and low liquidity.
Final Thoughts
Key takeaways: MIRL.CN stock trades at C$0.015 on the CNQ exchange in Canada with extremely low volume and a year high of C$0.035, creating a classic oversold-bounce candidate for short-term traders who accept high execution risk. Financials show EPS -0.11, price/book 0.1576, and concerning leverage (debt/equity 7.2348). For tactical traders we recommend tight size, a stop under C$0.010, and a target band of C$0.025–C$0.035 for a bounce play. Meyka AI’s forecast model projects a 12‑month reference of C$0.025, implying an upside of +66.67% versus the current C$0.015; forecasts are model‑based projections and not guarantees. Use this as a trade idea, confirm moves with volume, and review company updates on the Minera IRL website and Meyka AI-powered market analysis tools
FAQs
Is MIRL.CN stock a buy after the oversold bounce?
MIRL.CN stock may offer a short-term trade after a confirmed volume-backed bounce, but high leverage and low liquidity argue for a HOLD-sized position. Confirm with volume above 5,000 and use strict stops.
What is Meyka AI’s forecast for MIRL.CN stock?
Meyka AI’s forecast model projects C$0.025 for MIRL.CN stock over 12 months, implying roughly +66.67% from C$0.015. Forecasts are model-based projections and not guarantees.
What key risks affect MIRL.CN stock trading?
Primary risks for MIRL.CN stock are extreme illiquidity, negative working capital (C$-141,929,000.00), and heavy leverage (debt/equity 7.2348). These raise execution and solvency concerns.
Which metrics should traders watch for MIRL.CN stock?
Watch volume versus the 50-day average, the 50-day price (C$0.0156), gold price moves, and any project milestones at Ollachea. Confirm price action with rising volume.
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.
