CET.TO Cathedral Energy (TSX) C$6.30 heavy volume 19 Jan 2026: Valuation watch

CET.TO stock surged intraday to C$6.30 on 19 Jan 2026, trading at the session high with volume near 283,250 shares. The move follows a gap from an open at C$0.89 to the session high, creating a rare high-volume swing. Traders are watching liquidity, a market cap of C$218.92M, and a compressed valuation pattern that links recent flows to sector momentum in Canadian energy.