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What's Going On With Metalquest Mining Inc. Stock Monday?

By Wealth Awesome -

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Stocks & ETFs:MQM.V

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Metalquest Mining Inc. continues to face significant downward pressure as it experiences notable declines in its stock price.

This week, Metalquest Mining Inc. (MQM.V) shares closed at C$0.13, reflecting a 10.71% drop on the day and a 16.67% decrease over the week. The stock has been under pressure for some time, with a year-to-date decline of 59.68%. Despite this challenging performance, analysts remain cautiously optimistic about the stock's potential upside.

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Metalquest Mining Inc.

MQM.V

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MQM.V

Metalquest Mining Inc.

Source:WealthAwesomeWealthAwesome
↓ $0.11 (-47.92%)
120 day period
$0.13$0.23$0.33Mar 23Jun 17Oct 1

Market cap

$6.12M

P/E

2.5x

52W high

$0.40

52W low

$0.10

1W change

-16.67%

Beta

1.68

Analyst Price Targets

Based on analyst covering MQM · as of Sep 17, 2026

📈

Wall Street analysts forecast MQM stock price to rise 684.0% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$0.98

+684.0% Upside

Current Price

C$0.13

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on MQM's historical volatility

HistoricalForecast68%95%
C$0.01C$0.33C$0.66C$0.99C$1.31C$1.64TodayMay 5Jul 10Oct 1Nov 13Dec 27Feb 8

30-Day Vol

227.7%

Annualized

90-Day Vol

190.9%

Annualized

Trend (90d)

-50.0%

Annualized drift

90d Mean

C$0.10

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$0.12C$0.05 – C$0.26
60 trading daysC$0.11C$0.04 – C$0.34
90 trading daysC$0.10C$0.03 – C$0.41

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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Investor takeaway: Investors should be aware of the significant volatility surrounding Metalquest Mining Inc. as it navigates a tough market environment. The stock's high beta indicates increased risk, while its low price relative to moving averages suggests it may remain under pressure in the near term.

C$0.13 Close Reflects Ongoing Challenges

With a market cap of approximately C$6.12 million and a P/E ratio of 2.5, Metalquest Mining Inc. remains a low-cost option for investors, but recent trends highlight the need for caution.

Bull case

Analysts have set an average target for Metalquest Mining Inc. at C$0.98, suggesting a potential upside of 653.8%. This optimistic outlook could encourage investors seeking recovery opportunities in the materials sector.

Bear case

On the flip side, the stock's recent performance shows significant struggles, including a profit margin of 0.0% and a substantial decline in share price. With a beta of 1.68, the stock is more volatile than the broader market, which may deter risk-averse investors.

Recent Price Action

Metalquest Mining Inc. has faced a rough week, with shares falling 10.71% on Monday and a total decline of 16.67% over the week. The stock has not shown signs of recovery, with a staggering 59.68% drop year-to-date.

Technical Picture

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From a technical perspective, Metalquest Mining Inc. closed at C$0.13, significantly below its 50-day moving average of C$0.17 and 200-day moving average of C$0.25. The stock has traded within a 52-week range of C$0.10 to C$0.40, currently at 10% of that range. The volume for the latest trading session was 33,158 shares, which is notably lower than the 20-day average volume of 21,238 shares, indicating reduced trading activity.

Insider Activity

No recent insider activity has been reported for Metalquest Mining Inc., suggesting that there have not been significant movements or transactions by executives or major stakeholders.

Analyst Outlook

Despite the recent declines, analysts maintain a bullish outlook on Metalquest Mining Inc., with an average target price of C$0.98. This target suggests a potential upside of 653.8%, indicating that there may still be room for growth if the company can stabilize its operations.

Price Action Summary

As of the latest close, Metalquest Mining Inc. shares are priced at C$0.13, reflecting a 10.71% decline on the day. Investors should consider the broader market conditions and technical indicators before making investment decisions.


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Wealth Awesome
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Wealth Awesome

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Published: October 5, 2026
Last Updated: October 5, 2026

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