Why did SPMT.CN stock drop 33% today?

SPMT.CN stock fell on heavy selling and a volume surge to 1,013,000 shares. The market priced in liquidity concerns and weak fundamentals, pushing the price to the year low of C$0.005.

What is Meyka AI's forecast for SPMT.CN stock?

Meyka AI's forecast model projects SPMT.CN stock at C$0.002, implying a downside of -60.00% from the current C$0.005. Forecasts are model-based projections and not guarantees.

Is SPMT.CN stock a buy after the decline?

Given the C+ Meyka AI grade and weak liquidity, SPMT.CN stock is a high-risk position. Traders should wait for clear catalysts or improved cash metrics before buying.

Where can I find official Spearmint Resources updates?

Company announcements are posted on the Spearmint Resources website and regulatory filings. For corporate details, visit [Spearmint Resources](https://www.spearmintresources.ca).

CA Stocks

SPMT.CN Spearmint Res. CNQ down 33% at C$0.005 05 Feb 2026: analyst take

ByDanny Kontos February 5, 2026February 5, 2026

SPMT.CN stock plunged 33.33% to C$0.005 on 05 Feb 2026 during market hours, driven by heavy selling and a volume spike to 1,013,000 shares. Spearmint Resources Inc. (SPMT.CN) on the Canada exchange (CNQ) now trades at its year low of C$0.005 with a market cap of C$1,439,145.00. The move widened the gap to the 50-day average of C$0.129 and the 200-day average of C$0.182. As an AI-powered market analysis platform, Meyka AI tracks these flows and flags liquidity and valuation risks for short-term traders.