CHM.CN Waverunner Capital (CNQ) +900% to C$0.05 Jan 22, 2026: liquidity focus
The CHM.CN stock surge is the headline: Waverunner Capital Inc. (CHM.CN) on the CNQ in Canada traded at C$0.05 on Jan 22, 2026, marking a +900.00% move from the prior period. That jump put the share price above its 50-day average of C$0.04 and roughly in line with the 200-day average of C$0.05, forcing traders to weigh momentum against weak fundamentals. This note breaks down the price action, key metrics, our grade, and short-term price targets for active traders and longer-term watchers.
Price action and high-volume move for CHM.CN stock
CHM.CN stock jumped to C$0.05 on Jan 22, 2026, from a prior reference of C$0.005, a change of C$0.045 or +900.00%, with day range C$0.05–C$0.05 and year high C$0.10; reported volume was not posted while 50-day average volume sits at 28,908 shares, which highlights volatility and potential liquidity gaps for traders.
Fundamentals and valuation on CHM.CN stock
Waverunner Capital Inc. (CHM.CN) shows an EPS of -C$0.01 and a reported PE of -5.00, reflecting negative earnings and an early-stage venture-capital profile; market cap is about C$37,211,650 with 744,233,000 shares outstanding, book value per share -C$0.11, and cash per share C$0.01, underscoring limited corporate liquidity and a risky valuation base.
News, corporate context and CHM.CN stock catalysts
Recent corporate context includes the June 2024 name change from Chemistree Technology to Waverunner Capital and a portfolio focus on early-stage investments and renewables; public news flow is sparse, so price swings likely reflect micro-cap trading, speculative flows, or re-rating rather than broad sector catalysts source.
Trading, liquidity and technicals for CHM.CN stock
Technically the stock sits slightly above its 50-day average C$0.04 and near its 200-day average C$0.05, creating short-term momentum; low public float and absent intraday volume reporting raise execution risk, so traders should use limit orders and size positions for easy exit given tight quoted ranges.
Meyka AI grade and CHM.CN stock forecast
Meyka AI rates CHM.CN with a score out of 100 at 60.92 | Grade B | 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 base target of C$0.08 versus current C$0.05, implying +60.00% upside; conservative target C$0.07 (+40.00%) and bullish C$0.12 (+140.00%) scenarios reflect model ranges and the stock’s speculative profile, and forecasts are model-based projections and not guarantees.
Short-term trading strategy for CHM.CN stock movers
For high-volume mover setups we recommend scaling in small lots, setting tight stop losses, and monitoring order book depth given average volume 28,908; momentum traders may target the C$0.07–C$0.12 band for quick exits, while longer-term investors should wait for clearer cash-flow signs and recurring news catalysts before adding exposure via the CNQ market.
Final Thoughts
Key takeaways on CHM.CN stock: the C$0.05 print on Jan 22, 2026 follows an outsized intraperiod move of +900.00%, but the company shows negative earnings (EPS -C$0.01), limited cash per share (C$0.01), and a small market cap (C$37.21M), making the rally chiefly speculative. Our Meyka AI grade of B (60.92/100) reflects mixed signals: momentum and a recent rebranding offer opportunity, while weak fundamentals and low liquidity increase risk. Meyka AI’s forecast model projects a 12-month base target of C$0.08 (implied +60.00%), with a conservative target of C$0.07 and a bullish target at C$0.12; forecasts are model-based projections and not guarantees. Traders should prioritise execution risk controls, and longer-term investors should demand clearer financial improvements before increasing position size. For profile details and live feeds visit our CHM.CN page on Meyka CHM.CN profile on Meyka.
FAQs
Why did CHM.CN stock spike today?
The spike to C$0.05 looks driven by speculative trading and a micro-cap re-rate after a company name change and portfolio repositioning; public news flow is limited so volume-driven moves explain most of the price action.
What are the main risks for CHM.CN stock?
Primary risks are weak earnings (EPS -C$0.01), negative book value per share, low reported liquidity, and sparse public disclosure; these factors increase downside if momentum fades.
What price targets exist for CHM.CN stock?
Meyka AI’s model gives a base 12-month target of C$0.08 (+60.00%), a conservative C$0.07 (+40.00%), and a bullish C$0.12 (+140.00%); these are model projections, not guarantees.
How should traders manage positions in CHM.CN stock?
Use small position sizes, limit orders, and predefined stop losses; expect volatile spreads and monitor average volume (28,908) and any fresh company announcements before adding size.
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.
