NEWD.CN Newfoundland Discovery (CNQ) drops 29% on 19 Feb 2026: catalyst and outlook

Shares of Newfoundland Discovery Corp. (NEWD.CN) plunged 29.03% to C$0.22 in market hours on 19 Feb 2026, making it one of Canada’s top losers today. NEWD.CN stock traded 22,100 shares as intraday pressure accelerated after wider junior exploration activity in Newfoundland pulled investor flows. The move reflects tight liquidity, a small market cap of C$2,144,209.00, and negative fundamentals that traders are pricing in ahead of the company’s next updates.