CHM.CN up 900% in market hours (CNQ): Waverunner Capital Inc. thin liquidity risk

CHM.CN stock jumped 900.00% to C$0.05 on 06 Mar 2026 during Canadian market hours on the CNQ exchange, up from a previous close of C$0.005. The move made Waverunner Capital Inc. a high-volume mover on our radar despite unclear intraday volume prints. We examine valuation, liquidity, sector context and short-term forecasts to help traders parse this rapid swing.