Why did CRC.CN stock fall 49% on 08 Jan 2026?

The 49.21% drop reflects concentrated selling and low liquidity after the previous close at C$0.63. Thin volume, funding concerns and no offsetting positive drill or financing news likely triggered the rapid decline.

What is the short-term price target for CRC.CN stock?

Near-term support sits at C$0.25 and initial recovery resistance at C$0.50. These levels come from the year low and short-term technical resistance; monitor announcements for changes.

How does Meyka AI rate CRC.CN stock?

Meyka AI rates CRC.CN **67.43 out of 100 (Grade B, HOLD)**. The grade factors in benchmark and sector comparison, financial growth, key metrics and analyst consensus; it is informational only.

What does Meyka AI forecast for CRC.CN stock?

Meyka AI's forecast model projects a 1-year price of **C$0.34**, implying about **5.57%** upside from C$0.32. Forecasts are model-based projections and are not guarantees.

CA Stocks

CRC.CN Canter Resources CNQ down 49% to C$0.32 on 08 Jan 2026: liquidity flag

ByHuzaifa Zahoor January 9, 2026

The CRC.CN stock plunged 49.21% to C$0.32 on 08 Jan 2026 during market hours after a sharp move from a C$0.63 previous close. Trading volume was 2,000.00 shares against a 50-day average of 16,910.00, signaling concentrated selling. Canter Resources Corp. (CRC.CN) trades on CNQ in Canada and remains an exploration-stage basic materials name with negative earnings. We use Meyka AI’s data and sector context to explain the drivers, risks and key levels for investors watching this top loser.