C$0.025 LP.CN Leopard Lake Gold (CNQ) 20 Feb 2026 Market: oversold bounce watch

The LP.CN stock opened market hours on 20 Feb 2026 at C$0.025, down 16.67% from yesterday, putting the name in oversold territory. We see a technical bounce trade developing after a sharp YTD fall of 50.00% and a 3-month slide of 44.44%. Leopard Lake Gold Corp. (LP.CN) trades on the CNQ in Canada and has low liquidity with 110000 shares today versus an average of 129672. For traders, the key question is whether this pullback is a short-term buying opportunity or a continuation of structural weakness.