What caused the LXR.TO stock volume spike on 02 Feb 2026?

The spike to **8,640,531** shares likely reflects block trades or forced selling in a thinly traded name. The move coincided with a price drop to **C$0.005**, indicating liquidity-driven re-pricing rather than steady buying interest.

How risky is holding LXR.TO stock after this volume event?

Risk is high: market cap **C$457,128**, negative EPS **-0.04**, and current ratio **0.91**. The stock is volatile with wide bid-ask gaps. Use tight risk controls and small position sizes if trading post-spike.

What does Meyka AI forecast for LXR.TO stock?

Meyka AI's model projects a one-year price near **C$0.007**, implying about **40.00%** upside from **C$0.005**. Forecasts are model-based projections and not guarantees.

Should investors look to buy LXR.TO after the spike?

Only after confirming catalysts such as financing, margin improvement, or stable trade volume. Without operational improvement, the stock remains a high-risk, speculative exposure in Consumer Cyclical retail.

CA Stocks

8.64M volume spike at close: LXRandCo (LXR.TO, TSX) C$0.005, liquidity test

ByDanny Kontos February 3, 2026February 3, 2026

An intraday volume surge of 8,640,531 shares drove LXRandCo, Inc. (LXR.TO) to close at C$0.005 on 02 Feb 2026, a -50.00% move from yesterday’s close. The volume spike pushed relative volume to 37.46x, signalling a strong liquidity event on the TSX in Canada. This LXR.TO stock move came on heavy trading versus an average volume of 230,669 shares and coincided with a low trade range of C$0.005–C$0.01, stressing both price discovery and short-term volatility.