CET.TO stock surges pre-market on heavy volume: what traders should watch

CET.TO stock opened the pre-market session after a dramatic intraday move that lifted the price to C$6.30 on 13 Jan 2026. Trading volume hit 283,250 shares versus a 50-day average of 59,748, making Cathedral Energy Services Ltd. (CET.TO) a clear high-volume mover on the TSX. We look at the drivers behind the gap from an open of C$0.89 to the current price, evaluate fundamentals and supply clear price targets and model-based forecasts for Canadian energy traders.