CET.TO Cathedral Energy (TSX) jumps to C$6.30 on heavy volume 17 Mar 2026: watch momentum

The CET.TO stock moved sharply intraday on 17 Mar 2026, trading up to C$6.30 on 283,250 shares versus an average of 59,748 (a 4.74x volume surge). This volume-led move lifted Cathedral Energy Services Ltd. (CET.TO) listed on the TSX after an open at C$0.89 and a prior close of C$0.89, creating one of the day’s largest percentage swings. Investors are watching whether this spike reflects renewed contract wins, short-covering, or a technical breakout, and traders should track follow-through at the 50-day average C$6.34 and the 200-day average C$5.91.