What drove the sharp drop in NINE.CN stock today?

The intraday fall to **C$0.12** was driven by heavy selling and volume of **8.39M** shares. No major company release appeared; moves are consistent with speculative trading in small-cap gold explorers and sector volatility.

What is Meyka AI's grade for NINE.CN and what does it mean?

Meyka AI rates NINE.CN with a score of **62.98** out of 100, grade **B**, suggestion **HOLD**. The grade blends benchmark, sector and financial metrics; it is informational and not financial advice.

What price targets and forecast exist for NINE.CN stock?

Meyka AI's forecast model projects monthly **C$0.43** and yearly **C$0.42**, implying roughly **258.33%** and **250.00%** upside from **C$0.12**. Forecasts are model projections and not guarantees.

How should short-term traders approach NINE.CN stock?

Short-term traders should watch support at **C$0.09** and resistance near **C$0.24**, keep small sizes, and use stop losses because liquidity and volatility are high for this small-cap gold explorer.

CA Stocks

NINE.CN Nine Mile Metals Ltd. (CNQ) falls to C$0.12 on 17 Feb 2026: watch heavy volume

ByDanny Kontos February 18, 2026February 18, 2026

NINE.CN stock opened the Canada (CNQ) session under pressure and is trading near C$0.12 after a sharp intraday decline. Volume is elevated at 8.39M shares versus an average of 1.77M, signaling active selling and high trader interest. Nine Mile Metals Ltd. (NINE.CN) moved from a previous close of C$0.18 to a day low of C$0.09, reflecting a one-day drop of about 34.29%. We examine what pushed price action today, how sector trends in Basic Materials affect the name, and which levels and metrics traders should watch during market hours on 17 Feb 2026.