What drove the volume spike in CMT.CN stock today?

The spike appears driven by speculative buying in a thinly traded microcap. Volume hit **28,300.00** shares versus a **5,463.00** average. There was no clear company release tied to the move, so liquidity and order flow likely caused the rise.

How does CMT.CN stock compare to Basic Materials peers?

CMT.CN has a negative PE and a **PB of 28.18**, while Basic Materials peers show an average PE near **29.20**. Cullinan’s metrics reflect early-stage exploration risk versus established miners.

What price targets should investors consider for CMT.CN stock?

Scenario targets: near-term resistance **C$0.40**, base-case 12-month **C$0.05**, downside support **C$0.02**. These targets reflect liquidity risk and lack of published analyst coverage.

Does Meyka AI provide a forecast for CMT.CN stock?

Yes. Meyka AI's forecast model projects monthly **C$0.07** and quarterly **C$0.04** versus the current **C$0.35**. These projections imply steep downside and are model outputs, not guarantees.

CA Stocks

CMT.CN Cullinan Metals CNQ up 1,300% on high volume 05 Feb 2026: valuation

ByDanny Kontos February 6, 2026February 6, 2026

CMT.CN stock surged to C$0.35 on 05 Feb 2026 on a heavy trading day. The move came with 28,300 shares traded, versus a 50-day average of 5,463 shares. This spike drove a 1,300.00% one-day percentage change and pushed price to the year high of C$0.35 on the CNQ exchange in Canada. Traders should watch liquidity, extreme volatility, and valuation before sizing positions.