MMEN.CN MedMen Enterprises Inc. CNQ up 33.33% on 09 Jan 2026: watch the volume surge
MMEN.CN stock popped 33.33% to C$0.02 on 09 Jan 2026 during market hours on the CNQ, led by a volume surge to 189,038.00 shares. This intraday rally made MedMen Enterprises Inc. (MMEN.CN) one of Canada’s top gainers and put attention back on its fragile fundamentals. Traders reacted to thin liquidity and short-term buying interest rather than new corporate guidance. We review the drivers, key ratios, Meyka AI grading and a model forecast to help frame short-term opportunities and medium-term risks in CAD.
MMEN.CN stock intraday move and trading context
MedMen Enterprises Inc. (MMEN.CN) rose 33.33% from the previous close of C$0.015 to an intraday high of C$0.02, on volume 189,038.00 versus an average volume of 145,639.00. The jump occurred with the stock still below its 50-day average of C$0.02 and 200-day average of C$0.03, indicating a short-term spike in demand within low liquidity.
MMEN.CN stock fundamentals and valuation
MedMen Enterprises Inc. reports EPS of -0.15 and a negative PE of -0.13, reflecting ongoing losses. Market cap stands at C$27,664,000.00 with 1,383,200,000.00 shares outstanding, and the company shows a current ratio of 0.49 and debt to equity of 2.61, underlining liquidity pressure and elevated leverage.
MMEN.CN stock technicals and trend signals
Technically MMEN.CN stock sits below its 50-day and 200-day averages and has a 3-month change of -20.00%, so today’s gain looks momentum-driven. Relative volume of 1.30 and a tight float can amplify moves, which makes intraday patterns and stop-flow activity important for short-term traders.
Meyka AI rates MMEN.CN with a score out of 100
Meyka AI rates MMEN.CN with a score out of 100: 60.67 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Our grade highlights mixed data: low valuation multiples versus weak cash flow and high leverage, so the signal is cautious rather than bullish.
Meyka AI’s forecast and price outlook for MMEN.CN stock
Meyka AI’s forecast model projects a medium-case price of C$0.06 within 12 months, implying an upside of 200.00% from the current C$0.02; a conservative 3-month scenario targets C$0.04 (+100.00%) while a downside case falls to C$0.01 (-50.00%). Forecasts are model-based projections and not guarantees. No sell-side price target consensus is publicly available, so these model figures reflect statistical patterns, sector signals and the stock’s liquidity profile.
MMEN.CN stock risks, catalysts and trading strategy
Primary risks include ongoing net losses, a stretched balance sheet, and refinancing or dilution that could pressure shareholders; EPS remains -0.15 and enterprise value is large relative to market cap. Catalysts that could lift MMEN.CN stock include improved US retail performance, regulatory clarity, or a capital raise. For traders, prefer size-scaled entries, clear stop levels and watch volume confirmation on CNQ in CAD.
Final Thoughts
MMEN.CN stock posted a sharp intraday gain of 33.33% to C$0.02 on 09 Jan 2026, driven by a volume spike to 189,038.00 shares and low liquidity that amplifies moves. Fundamentals remain weak: negative EPS -0.15, current ratio 0.49, and debt to equity 2.61. Meyka AI rates MMEN.CN 60.67/100 (B, HOLD) and projects a medium-case target of C$0.06 within 12 months (implied +200.00%), while a conservative 3-month target sits at C$0.04 (+100.00%). These model-based forecasts are not guarantees; investors should weigh short-term trading opportunities against clear balance-sheet and liquidity risks in the Healthcare/Drug Manufacturers sector and consider position sizing and exit rules. For more company details visit the MedMen site or review the company profile and charts on third-party data portals before acting. MedMen website Profile image and data For live signal updates see our MMEN.CN page at Meyka AI for traders: MMEN.CN at Meyka.
FAQs
Why did MMEN.CN stock jump today?
MMEN.CN stock jumped mainly from a volume surge and thin liquidity on CNQ that amplified buying, not from a new earnings beat; the stock rose to C$0.02 with 189,038.00 shares traded, a typical pattern for penny stocks with low float.
What is Meyka AI’s grade and what does it mean for MMEN.CN stock?
Meyka AI rates MMEN.CN 60.67/100 (B, HOLD); this factors in benchmark and sector comparisons, growth metrics and forecasts, and signals a cautious stance due to weak cash flow and high leverage.
What price target and upside does the Meyka model show for MMEN.CN stock?
Meyka AI’s forecast model projects a medium-case C$0.06 in 12 months (implied +200.00%) and a 3-month conservative target C$0.04 (+100.00%); forecasts are model-based projections and not guarantees.
What are the main risks to consider for MMEN.CN stock?
Key risks for MMEN.CN stock are continued net losses (EPS -0.15), low current ratio (0.49), high debt to equity (2.61), potential dilution, and thin liquidity that can widen bid-ask spreads and increase volatility.
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.
