Why did Nordique Resources Inc. stock drop by 50%?

The drop appears to be due to broader market sentiment and technical adjustments, as there was no significant increase in trading volume to suggest aggressive sell-offs.

What is Nordique Resources’ current support level?

The key support level is CAD 0.005, aligning with its historical low. If breached, it could signal further declines unless corrective measures are taken.

What is the long-term outlook according to Meyka AI?

Meyka AI projects a potential price of CAD 3.11 within the year, though this remains model-driven and not guaranteed, given current operational and market challenges.

What are Nordique Resources’ key financial ratios?

The company has a high current ratio of 9.99, indicating liquidity, but negative earnings yield and PE ratio signal operational inefficiencies that need addressing.

Is Nordique Resources Inc. a recommended buy?

Meyka AI rates it as a 'HOLD', suggesting that while there are prospects for recovery, potential investors should remain cautious given the volatility.

CA Stocks

Nordique Resources Inc. Drops -50%: Key Levels and Outlook

ByHuzaifa Zahoor December 21, 2025December 21, 2025

Nordique Resources Inc. (BRAS.CN) experienced a dramatic -50% drop in its stock price on the Canadian Securities Exchange today, bringing it to an all-time low of CAD 0.005. As a company involved in mineral exploration, this sharp decline raises concerns about investor confidence and potential for recovery.