Q2 Revenue +222% and US$20.00M Raise: Aduro Clean Technologies (ACT.CN CNQ) 15 Jan 2026

The ACT.CN stock jumped to C$19.54 during market hours after Aduro Clean Technologies Inc. reported Q2 fiscal 2026 results showing revenue up 222% and a subsequent US$20.00M public offering that strengthened liquidity. Investors focused on scale-up milestones — pilot commissioning, a Netherlands LOI for a demonstration site, and successful steam‑cracking trials — which helped push the share price +6.95% intraday. This earnings spotlight explains the numbers behind the move, ties results to the stock reaction on the CNQ (Canada), and highlights implications for near-term valuation and the company’s funding runway.

ACT.CN stock: Q2 earnings and operational milestones

Aduro reported Q2 revenue of C$122,706, a 222.00% increase year-over-year, driven by customer evaluation programs and collaboration work. The company advanced commissioning of its Next Generation Process Pilot Plant, ran pilot steam‑cracking trials that produced ethylene and propylene yields comparable to fossil feedstocks, and executed an LOI for a potential Netherlands demonstration site. These operational steps explain market interest today and link directly to the ACT.CN stock move to C$19.54 during market hours.

ACT.CN stock: Financials, margins and key ratios

Aduro remains loss-making with Q2 operating loss of C$6,461,987 and EPS of -0.55; the trailing PE is -36.82 reflecting negative earnings. Balance sheet highlights include cash C$13.04M at quarter end and property, plant and equipment of C$8.90M. Key ratios: price to book ~32.66, current ratio 28.33, and price average 50/200 of C$16.83 / C$14.71. These metrics show high cash coverage but heavy valuation multiples driven by minimal revenue today.

ACT.CN stock: Capital raise, liquidity and runway

Subsequent to quarter end Aduro closed a U.S. public offering for gross proceeds of US$20.00M, improving liquidity and supporting the Demonstration Plant program. With C$13.04M on the books at Nov 30 and the offering proceeds, the company has a stronger near-term runway to fund engineering, R&D, and scale-up. The capital raise was the primary catalyst for the ACT.CN stock rally during market hours, as traders priced in reduced short-term dilution risk and clearer funding for pilot-to-demo steps.

ACT.CN stock: Technicals and trading snapshot

On the CNQ the ACT.CN stock traded between C$18.83 and C$19.89 today with volume 12,970.00 versus average 14,767.00, showing lighter-than-large-cap liquidity. Momentum indicators are neutral: RSI 49.68, MACD histogram 0.05, and ADX 10.36 (no trend). Short-term technical support sits near the 50‑day average C$16.83, and immediate resistance is the day high C$19.89. The intraday +6.95% move reflects news‑driven trading rather than a new trend confirmation.

ACT.CN stock: risks and opportunities tied to scale-up

Opportunities: successful pilot commissioning, potential Netherlands demo site, and steam‑cracking validation could unlock commercial partnerships and licensing. Risks: continuing negative operating cash flow, widened losses (Adjusted EBITDA Q2 -C$3,299,026), and technical or permitting delays for the Demonstration Plant. Feedstock variability and commercialization timelines remain the main execution risks that could swing ACT.CN stock materially in either direction.

ACT.CN stock: Meyka AI grade and model forecast

Meyka AI rates ACT.CN with a score out of 100: 60.95 (Grade B) — HOLD. This grade factors in S&P 500 and sector comparisons, financial growth, key metrics, forecasts, and analyst sentiment. Meyka AI’s forecast model projects a 1‑year price of C$10.75, a quarterly model near C$18.60, and a 7‑year projection C$22.81. With the current price at C$19.54, the one‑year model implies an estimated downside of -44.99%. Forecasts are model‑based projections and not guarantees.

Final Thoughts

Q2 fiscal 2026 turned the spotlight on Aduro Clean Technologies and the ACT.CN stock by pairing operational progress with a material capital raise. Revenue is still small — C$122,706 this quarter — but the company advanced pilot commissioning, completed pilot steam‑cracking trials, and secured gross proceeds of US$20.00M, which underpinned the intraday C$19.54 price jump. Financials show continued losses and high valuation multiples, with EPS -0.55 and price/book above 30x, so near-term upside will depend on demonstration‑scale validation and commercial offtakes. Meyka AI’s model projects a one‑year figure of C$10.75, implying downside vs. today, while longer‑term scenarios range to C$22.81 in seven years if scale succeeds. For active investors the trade is a play on execution and capital deployment; we link the quarter’s results to the ACT.CN stock move and recommend watching demo site selection, pilot run length, and partnership announcements for clearer valuation signals. See full filings and the company release for details press release and short news coverage earnings roundup or visit Aduro on Meyka for real‑time tracking: Aduro on Meyka.

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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.