SPMT.CN Spearmint Resources (CNQ) -33.33% Jan 13, 2026: thin float risk
SPMT.CN stock fell 33.33% to C$0.005 on Jan 13, 2026 during market hours on the CNQ exchange in Canada. Volume spiked to 1,013,000 shares, roughly 22.24x the average. The move puts spotlight on extreme liquidity and valuation risks for Spearmint Resources Inc. Investors should note the tiny market cap of C$1,439,145 and the wide gap to the 50-day average of C$0.1285.
SPMT.CN stock: Intraday drop and trading stats
The stock traded between C$0.005 and C$0.0075 Wednesday. The previous close was C$0.0075. Volume of 1,013,000 versus average volume 45,554 indicates outsized trading. Relative volume measured 22.24, signaling forced selling or speculative activity.
SPMT.CN stock: Fundamental snapshot
Spearmint Resources Inc. shows a market cap of C$1,439,145 and 287,829,000 shares outstanding. EPS is -0.01 and the reported PE is -0.50. Book value per share stands at C$0.00856, and the price to book ratio is 0.58. These metrics reflect an exploration-stage miner with negative earnings and little working capital.
SPMT.CN stock: Why it fell and sector context
There is no confirmed corporate news tied to this drop. Thin liquidity and a small free float likely amplified selling pressure. The Basic Materials sector has rallied this year, but microcap explorers remain highly volatile. Spearmint’s share price sits far below the 50-day average of C$0.1285 and the 200-day average of C$0.18163, increasing technical selling risk.
Meyka AI rates SPMT.CN with a score out of 100
Meyka AI rates SPMT.CN with a score of 59.14 out of 100 and assigns a C+ grade with a HOLD suggestion. This grade factors S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. This grade is informational only and not financial advice.
SPMT.CN stock: Technicals, valuation and risk
Price sits at C$0.005, below the year high C$0.30 and at the year low C$0.005. Average true range is C$0.01, showing high proportional volatility. The current ratio is 0.45, indicating short-term liquidity constraints. Cash per share is C$0.00055, and total debt appears minimal. Low liquidity and thin float raise execution risk for buyers and sellers.
SPMT.CN stock: Forecast, targets and analyst signals
Analyst coverage is limited and rating data shows a company rating of C- with a Strong Sell recommendation dated 2025-02-27. Meyka AI’s model projects a short-term reference target of C$0.01. At the current price of C$0.005, this implies an upside of 100.00%, but volatility and capital risk remain high. Forecasts are model-based projections and are not guarantees.
Final Thoughts
SPMT.CN stock is a top loser on Jan 13, 2026 after a 33.33% intraday decline to C$0.005 on the CNQ exchange in Canada. The move paired heavy volume of 1,013,000 shares with a tiny market cap of C$1,439,145, highlighting liquidity risk. Fundamentals show negative EPS (-0.01), a low current ratio (0.45), and a price well below simple moving averages. Meyka AI’s forecast model projects C$0.01, implying 100.00% upside versus the current price. That projection assumes improved market liquidity and positive drill or project news. Given the high volatility, small float, and exploratory stage of Spearmint Resources Inc., we view this as a speculative situation. Use limit orders, size positions carefully, and consider the stock’s thin trading when planning any trade. For live updates see Spearmint’s site and the Meyka summary page for SPMT.CN stock on our platform. Forecasts are model-based projections and not guarantees.
FAQs
Why did SPMT.CN stock drop sharply today?
SPMT.CN stock fell mainly due to thin liquidity and heavy intraday selling. Volume spiked to 1,013,000 shares versus an average of 45,554, amplifying price moves. No public catalyst was confirmed at time of writing.
What is Meyka AI’s grading for SPMT.CN stock?
Meyka AI rates SPMT.CN with a score of 59.14/100, grade C+, and a HOLD suggestion. The grade uses benchmark and metric comparisons and is informational, not investment advice.
What price target and outlook exist for SPMT.CN stock?
Meyka AI’s forecast model projects a short-term reference target of C$0.01. Versus the current C$0.005, this implies 100.00% upside. Forecasts are model-based and not guarantees.
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.
