What drove the drop in SPMT.CN stock today?

The 33.33% drop to C$0.005 was driven by thin liquidity, heavy trading (volume 1,013,000), weak fundamentals (EPS -0.01) and no recent positive corporate catalysts. Microcap volatility amplified the move.

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

Meyka AI's forecast model projects a 12-month base target of C$0.015, implying +200.00% from C$0.005. The Meyka grade is C+ (59.00) and suggests HOLD. Forecasts are projections and not guarantees.

What are the main risks for investors in Spearmint Resources (SPMT.CN)?

Key risks include financing dilution, continued negative earnings, limited cash per share, and exploration failure at the McGee project. Low liquidity also raises execution and price-risk for trades.

Are there clear catalysts that could move SPMT.CN stock higher?

Yes. Positive drill results, a strategic partner or joint venture, and favorable lithium market moves could push the price higher. Absent those, price gains may be temporary given fundamentals.

CA Stocks

SPMT.CN Spearmint Resources Inc. (CNQ) down 33% to C$0.005: key catalysts ahead

ByDanny Kontos February 10, 2026February 10, 2026

SPMT.CN stock dropped 33.33% to C$0.005 in market hours on 10 Feb 2026, trading 1,013,000 shares as investors reacted to thin liquidity and weak fundamentals. This move makes Spearmint Resources Inc. (SPMT.CN) one of Canada’s top losers today on the CNQ exchange. The stock’s gap from its 50-day average (C$0.13) and 200-day average (C$0.18) highlights extreme short-term volatility for an exploration-stage basic materials issuer.