CHM.CN Waverunner Capital Inc. (CNQ) up 900% 29 Jan 2026: high-volume mover
The CHM.CN stock moved sharply today in Canada (CNQ), trading at C$0.05 after a 900.00% change from the prior close on 29 Jan 2026. This intraday move pushed market attention to Waverunner Capital Inc., a small-cap healthcare venture firm. Volume prints are sparse, but the 50-day average is 28,908 shares. Traders treat this as a high-volume mover moment, mixing potential speculative flows and realignment after a corporate rebrand from Chemistree Technology. We use market and sector context to connect the price action to valuation and liquidity risks
Price action and intraday details for CHM.CN stock
CHM.CN stock closed at C$0.05 on 29 Jan 2026, up from a previous close of C$0.01. The reported one-day percentage change equals 900.00% based on prior close data. Day range printed C$0.05 – C$0.05, and the year range sits at C$0.05 – C$0.10. Average price over 50 sessions is C$0.04 and over 200 sessions is C$0.05, showing very low absolute price dispersion.
Fundamentals, valuation and financial metrics for CHM.CN stock
Waverunner Capital Inc. shows small-scale fundamentals. Market cap reads CAD 37,211,650.00 with 744,233,000 shares outstanding. Trailing EPS is -0.01 and the trailing P/E is -5.00, reflecting a loss-making profile. Book value per share is negative at -0.11. Cash per share is 0.01 and the current ratio is 0.16, indicating tight short-term liquidity. These figures imply speculative valuation and a higher risk profile versus typical healthcare peers.
Liquidity, trading risk and technical context for CHM.CN stock
Average volume is 28,908 shares, but today’s reported volume details are incomplete. Thin trading increases execution risk and amplifies price swings. Short-term technical averages show modest support near C$0.05 and resistance at C$0.10 (year high). Volatility is high: small trade blocks can move price materially. For traders, place strict size limits and use limit orders to manage slippage.
Meyka AI grade and model forecast for CHM.CN stock
Meyka AI rates CHM.CN with a score out of 100: 61.03 | Grade: B | Suggestion: HOLD. This grade factors S&P 500 comparison, sector performance, financial growth, key metrics and analyst consensus. Meyka AI’s forecast model projects a base-case target of C$0.08, a bear case of C$0.03, and a bull case of C$0.15 versus the current C$0.05. That yields an implied base upside of 60.00% and a bull upside of 200.00%. Forecasts are model-based projections and not guarantees.
Catalysts, sector view and news drivers for CHM.CN stock
Waverunner sits in the Healthcare sector, where one-year performance is negative overall. Key catalysts include new investments, updates on portfolio companies, or corporate filings tied to the June 2024 name change. Absent confirmed news, large intraday moves often reflect thin liquidity and speculative flows rather than fundamental change. For company disclosures visit the corporate site source.
Risks and strategy for traders following CHM.CN stock
Primary risks: severe illiquidity, negative book value, and quarterly losses. Secondary risks: limited analyst coverage and volatile retail trading interest. Strategy for high-volume movers: size positions conservatively, set stop-loss orders, and confirm news before adding exposure. Consider using paper-trade or micro-lots to test execution on CNQ.
Final Thoughts
Key takeaways for CHM.CN stock: today’s 900.00% move to C$0.05 created headline risk but did not change fundamentals. Waverunner Capital Inc. carries small-market characteristics: negative book value, trailing EPS -0.01, and thin steady liquidity. Meyka AI rates the stock 61.03 (B) – HOLD, citing mixed sector and financial signals. Meyka AI’s forecast model projects a base-case C$0.08 (implied upside 60.00%) and a bull-case C$0.15 (implied upside 200.00%) against a bear C$0.03 (implied downside 40.00%). These model targets assume improved news flow or portfolio realizations and do not guarantee outcomes. Traders should treat CHM.CN stock as high-volatility, size positions carefully, and watch for official company filings or liquidity prints before scaling exposure. For more detailed data and live alerts use Meyka AI’s real-time tools and the company site source.
FAQs
Why did CHM.CN stock move 900% today?
The 900.00% move reflects a rise from C$0.01 to C$0.05 on thin trading. Such shocks often come from low liquidity, speculative orders or quiet press filings. Confirm company alerts before assuming a fundamental change.
What is Meyka AI’s price outlook for CHM.CN stock?
Meyka AI’s forecast model projects a base-case C$0.08, a bear C$0.03, and a bull C$0.15. These are model-based projections and not guarantees. Use them with risk controls.
Is CHM.CN stock a buy for long-term investors?
CHM.CN stock shows negative book value and operating losses, making it speculative for long-term investors. Meyka AI grades it B (HOLD). Long-term interest requires confirmed portfolio exits or stronger financials.
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.
