CDPR.V at CAD 0.49 on 02 Jan 2026 Market Hours: oversold bounce setup may attract short-term buyers
CDPR.V is trading at CAD 0.49 on 02 Jan 2026 during market hours, down 1.01% intraday and sitting near its 50-day average of CAD 0.47. This price action leaves Cerro de Pasco Resources Inc. (CDPR.V) in a position often targeted by oversold-bounce strategies: the stock has retreated 18.33% from its 52-week high of CAD 0.60, volume is muted at 237,170 shares, and short-term technicals point to heavy recent selling. We outline the setup, valuation, catalysts and a clear trading plan for short-term buyers.
Market snapshot and price action
CDPR.V is quoted at CAD 0.49 with a day range of CAD 0.49 to CAD 0.51 and volume of 237,170 versus an average volume of 866,278. The stock opened at CAD 0.50 and closed previously at CAD 0.495. The 50-day average is CAD 0.47 and the 200-day average is CAD 0.43, leaving the current price slightly above the 50-day trend but well below the 52-week high of CAD 0.60, a decline of 18.33%.
Fundamentals and valuation
Cerro de Pasco Resources Inc. reports EPS of CAD 0.22 and a trailing PE of 2.23, which signals cheap earnings relative to the Basic Materials peer group where average PE is about 27.65. Market capitalization is approximately CAD 241,762,080.00 with 493,392,000 shares outstanding. Balance metrics show a current ratio of 1.63 and debt-to-equity of 0.55, while price-to-book runs high at 22.34, reflecting a thin book value per share of CAD 0.02.
Technical read for an oversold bounce
Short-term indicators show selling pressure with on-balance volume at -686,897 and ADX at 33.33, indicating a strong recent trend. Average true range is CAD 0.02, which supports tight intraday swings common in small-cap miners. The price sitting near the 50-day average (CAD 0.47) and above the 200-day average (CAD 0.43) creates a technical zone where a bounce is plausible if intraday buying resumes.
Catalysts, sector context and risks
Cerro de Pasco explores zinc, lead and silver from the El Metalurgista concession in Peru, and any positive drill or permitting update would be an immediate catalyst. The Basic Materials sector is tracking commodity cycles and offers mixed year-to-date performance; CDPR.V’s low PE versus sector averages makes it sensitive to commodity news and exploration results. Key risks include exploration disappointment, financing dilution, and continued outflows in thinly traded shares.
Meyka AI grade and model forecast
Meyka AI, an AI-powered market analysis platform, rates CDPR.V with a score out of 100: 56.67 | Grade: C+ | Suggestion: 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 12-month target of CAD 0.75 versus the current CAD 0.49, implying upside of 53.06%, and a nearer-term base case target of CAD 0.60 (implied upside 22.45%). Forecasts are model-based projections and not guarantees.
A short-term trading plan for an oversold bounce
For traders targeting an oversold bounce, consider an entry near CAD 0.49–0.50 with a stop below the 200-day average at CAD 0.42 (down 14.29%) and a first profit target at CAD 0.60 and a stretch target at CAD 0.75. Position sizing should account for high volatility and low liquidity; use limit orders and avoid large blocks that move the book. Monitor daily volume and any exploration news that can change the risk profile quickly.
Final Thoughts
CDPR.V at CAD 0.49 on 02 Jan 2026 offers a classic oversold-bounce opportunity for short-term traders who accept higher risk and low liquidity. The stock trades cheaply on earnings with a PE of 2.23 and EPS CAD 0.22, but thin book value and elevated price-to-sales metrics flag structural valuation oddities. Technicals show recent selling pressure (OBV -686,897) but a price that sits close to both the 50-day average (CAD 0.47) and 200-day average (CAD 0.43), creating a tactical bounce zone. Meyka AI’s model projects a 12-month target of CAD 0.75, implying upside of 53.06% from CAD 0.49, while a nearer-term base case is CAD 0.60 (implied upside 22.45%); both projections are model-based and not guarantees. Traders should combine strict stops, watch for positive drill or corporate updates, and weigh sector moves in zinc and silver before increasing exposure.
FAQs
CDPR.V is trading at CAD 0.49 on 02 Jan 2026, down 1.01% for the session with a small intraday range between CAD 0.49 and CAD 0.51 and volume of 237,170 shares.
Cerro de Pasco shows a trailing PE of 2.23 versus a Basic Materials sector average PE near 27.65, marking the stock as cheap on earnings but with high price-to-book and price-to-sales ratios that reflect thin reported asset values.
Meyka AI rates CDPR.V with a score out of 100: 56.67, Grade C+ and Suggestion: HOLD. Meyka AI’s forecast model projects a 12-month target of CAD 0.75 and a nearer-term base case of CAD 0.60; these are model projections and not guarantees.
Primary risks include poor exploration results, financing or dilution, continued selling in thin-volume sessions, and adverse commodity price moves; maintain strict stops and limit position size when trading this small-cap miner.
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.
