TSLTF TransAlta Corp (PNK) at $0.002 on 20 Jan 2026: assess steep downside risk
TSLTF stock opened the U.S. market hours on 20 Jan 2026 at $0.002 (USD), a collapse from the prior close of $16.68. This intraday price shows a near-total move and flags a structural event or quotation anomaly. We review price action, fundamentals, technicals, and Meyka AI’s grade to explain why this move matters to holders and short-term traders.
TSLTF stock current price and market context
The PNK-listed TransAlta Corp (TSLTF) traded at $0.002 (USD) with volume 8.00 shares on 20 Jan 2026 during U.S. market hours. Market cap is about 326,969.00 USD and shares outstanding are 217,979,257.00. The one-day change shows a -99.99% swing from the previous close of $16.68, indicating a corporate action, data error, or delisting risk that investors must confirm in filings.
TSLTF stock fundamentals and valuation snapshot
TransAlta sits in the Utilities sector and reports mixed ratios: book value per share $7.08, debt to equity 2.86, and dividend per share $1.72. Trailing metrics show price averages near $16.68 (50/200-day). Current market pricing at $0.002 disconnects from fundamentals and pushes valuation multiples to unreliable extremes.
TSLTF stock technicals, liquidity and trading signals
Liquidity is thin: average volume 11.00 and today’s volume 8.00, making price moves volatile. Key indicators show RSI near 51.62 and ADX 5.32, indicating no strong trend on standard timeframes. For active traders, low OBV and MFI readings risk false breakouts on sub-penny prices.
Meyka AI rates TSLTF with a score out of 100 and model view
Meyka AI rates TSLTF with a score of 67.22 out of 100 (Grade B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a yearly price of $15.43 and a monthly price of $6.49, versus the current $0.002, implying model-based upside of about 1,028,338.00% to the yearly forecast. Forecasts are model-based projections and not guarantees.
TSLTF stock risks and catalysts to watch
Primary risks are corporate action, listing status, and data integrity after the sharp gap from $16.68 to $0.002. Secondary risks include high leverage (interest coverage 0.41) and negative net income per share. Catalysts to monitor: regulatory filings, earnings announcement on 19 Feb 2026, and any formal delisting or reverse-split notices.
TSLTF stock trading checklist and sector note
For traders, do not rely on displayed price alone; confirm SEC or exchange filings before sizing positions. The Independent Power Producers industry is under pressure from low gas prices and renewable transitions, which affects TransAlta’s gas-heavy revenue mix. Use small position sizes if liquidity remains constrained.
Final Thoughts
Key takeaway: TSLTF stock shows an extreme quotation move to $0.002 (USD) on 20 Jan 2026 that likely stems from a corporate action, data anomaly, or market-processing event. Meyka AI’s model projects a yearly price of $15.43, implying an outsized theoretical upside of 1,028,338.00% versus the current print, but this divergence reflects inconsistent market data rather than normal valuation dynamics. Meyka AI assigns a 67.22/100 (Grade B, HOLD) based on benchmark and financial metrics, yet we stress these grades are not guaranteed and we are not financial advisors. Investors should confirm filings, watch the 2026-02-19 earnings date, and treat intraday quotes with caution until exchange or company notices clarify the move.
FAQs
Why did TSLTF stock drop to $0.002 on 20 Jan 2026?
The listed quote to $0.002 likely reflects a corporate action, delisting-related trade, or data error. Confirm with official filings and the PNK exchange notices before assuming market-driven selling.
What is Meyka AI’s current view on TSLTF stock?
Meyka AI rates TSLTF 67.22/100 (Grade B, HOLD), combining benchmark, sector, growth, and metrics. This is informational and not investment advice.
Does Meyka AI forecast a realistic price for TSLTF stock?
Meyka AI’s model projects $15.43 for one year and $6.49 monthly. These model outputs are projections and should not be treated as guaranteed targets.
What should traders do with TSLTF stock now?
Traders should pause new allocations until filings confirm the price move. If trading, use small sizes and strict risk controls due to extremely low liquidity.
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.
