Volume to C$0.09: ACME.CN ACME Lithium (CNQ) 16 Jan 2026, liquidity rising
ACME.CN stock moved to C$0.09 on heavy trading during market hours on 16 Jan 2026, up 200.00% from the previous close. Volume reached 132,100 shares versus an average of 45,147, a relative volume of 2.93 that signals active buying and/or short-covering in the CNQ market. We review what drove the move, the balance sheet metrics, and what traders should watch next on ACME Lithium Inc. (ACME.CN) listed in Canada.
Price action and volume: ACME.CN stock
ACME.CN stock closed at C$0.09, matching the day high and year high of C$0.09. Volume of 132,100 is nearly three times the 50,000-level average and above the 50-day average price of C$0.04, suggesting the current move is volume-confirmed. This high-volume move compressed the bid/ask spread and increased intraday liquidity for the CNQ-listed name.
Basic financials and ratios for ACME Lithium (ACME.CN)
ACME Lithium reports an EPS of -C$0.03 and a trailing PE of -3.00, reflecting negative earnings. Market capitalization stands at C$2,339,181.00 with 25,990,900.00 shares outstanding. Key valuation: price-to-book is 0.18, current ratio is 0.50, and cash per share is C$0.00 (rounded C$0.00). These figures show a micro-cap exploration firm with tight liquidity and limited operating cash.
Operational context and sector comparison for ACME.CN stock
ACME Lithium operates in the Basic Materials sector with exploration assets in Nevada and Manitoba. The sector average P/E is 29.93, and average P/B is 2.69, making ACME’s P/B 0.18 notably lower than peers, which reflects asset-based valuation or market discount. Sector momentum is positive year-to-date, but small exploration names remain volatile and sensitive to drill results and corporate news.
Technical and liquidity indicators on ACME.CN stock
The stock shows a short-term bounce: 50-day average price is C$0.04 and 200-day average price is C$0.04, both below the current C$0.09. Relative volume of 2.93 confirms outsized flows during the session. On technicals, standard indicators are sparse for this micro-cap, so traders should focus on volume, bid depth, and immediate support at C$0.03 and resistance near C$0.09.
Meyka grade and analyst view for ACME.CN stock
Meyka AI rates ACME.CN with a score out of 100: 62.52 (B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The company rating snapshot dated 2025-02-28 lists a company rating of C+ and a recommendation of Sell from a third-party dataset; Meyka’s grade is more neutral because of recent volume, asset base, and recovery in key metrics.
News, corporate events and risks for ACME.CN stock
Recent filings and market chatter include the company’s historical corporate changes and sector news; the firm previously appears tied to name or ticker transitions in public filings and peer moves source. Market context and mining sector headlines also influence small-cap explorers source. Risks include low free cash flow, a current ratio of 0.50, and limited analyst coverage. Volatility and share dilution remain primary investor risks.
Final Thoughts
High intraday volume pushed ACME.CN stock to C$0.09 on 16 Jan 2026, supported by a 132,100 share print and relative volume of 2.93. The move improved short-term liquidity but did not change the company’s fundamentals: EPS remains -C$0.03, P/B is 0.18, and market cap is C$2,339,181.00. Meyka AI’s forecast model projects a 12-month target of C$0.12, implying an upside of 33.33% versus the current price of C$0.09; forecasts are model-based projections and not guarantees. Traders should weigh the liquidity improvement against valuation gaps, cash constraints, and sector sensitivity to exploration results. For active traders, watch daily volume and bid depth; for longer-term investors, monitor corporate updates, financing activity, and the May 2025 earnings window. Meyka AI provides this as AI-powered market analysis for context, not investment advice.
FAQs
Why did ACME.CN stock spike in volume today?
ACME.CN stock saw heavy activity with 132,100 shares traded, 2.93 times average volume. Micro-cap flows, short-covering, or a liquidity-driven buy can cause rapid volume spikes. Confirm with filings or company news before trading.
What are the main valuation metrics for ACME Lithium (ACME.CN)?
ACME.CN has market cap C$2,339,181.00, EPS -C$0.03, PE -3.00, and P/B 0.18. These metrics reflect exploration-stage operations and a market discount versus sector averages.
What is Meyka AI’s view and grade on ACME.CN stock?
Meyka AI rates ACME.CN with a score out of 100: 62.52 (B, HOLD). The grade considers benchmark and sector comparison, financial growth, key metrics, and analyst signals. Grades are informational and not investment advice.
What short-term price levels should traders watch for ACME.CN stock?
Watch immediate support at C$0.03 and resistance at C$0.09. A sustained close above C$0.09 on above-average volume would confirm strength; failure could see reversion toward the 50-day average near C$0.04.
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.
