What drove the intraday move in CVE.TO stock today?

Today's intraday move was driven by heavy volume of **24,646,500.00** shares, recent 2025 earnings beats, and stronger refining margins. Traders reacted to positive revenue and EPS surprises in recent quarters and the stock testing the 50-day moving average.

What valuation metrics matter for CVE.TO stock?

Key metrics: trailing PE **12.69**, P/B **1.39**, EV/EBITDA **5.18**, and dividend yield **3.55%**. Debt levels are moderate with debt/equity **0.35** and interest coverage **13.87**, supporting cash returns and capital spending plans.

What is Meyka AI’s outlook for CVE.TO stock?

Meyka AI's model projects a quarterly target of **C$30.51** (implying **+33.33%** vs **C$22.89**) and a one-year projection of **C$18.98**. These forecasts are model-based projections and not guarantees; they should be one input in a broader analysis.

CA Stocks

CVE.TO stock up 2.05% to C$22.89 on TSX intraday: Watch 50-day pivot 08 Jan 2026

ByHuzaifa Zahoor January 8, 2026January 8, 2026

CVE.TO stock rose 2.05% intraday to C$22.89 on the TSX on 08 Jan 2026 as trading volume accelerated to 24,646,500.00 shares. The move follows a string of earnings beats in 2025 and a stronger oil-price backdrop that lifted integrated energy names in Canada. Today’s intraday action puts price between the 50-day average (C$24.26) and the 200-day average (C$21.25), making the 50-day level a near-term inflection point for traders and active investors.