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Why Methanex Corporation stock is rising today

By Wealth Awesome -

This move is archived. Current quotes and coverage live on the stock page.

Stocks & ETFs:MX.TO

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Methanex Corporation (MX.TO) is experiencing a significant uptick, closing the last trading session up 3.86%.

In a market where Basic Materials stocks are showing mixed results, Methanex stands out with a notable gain of 3.86% in the last session. This rise is due to a combination of positive earnings outlooks and strong demand for methanol, which is essential for the company's operations.

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Methanex Corporation

MX.TO

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MX.TO

Methanex Corporation

Source:WealthAwesomeWealthAwesome
↑ $0.42 (0.51%)
120 day period
$62.25$75.94$89.63Apr 2Jun 29Sep 23

Market cap

$6.46B

P/E

67.9x

Div. yield

0.91%

Div. / share

$0.74

52W high

$92.40

52W low

$44.36

1W change

-2.94%

Beta

0.87

Analyst Price Targets

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

📈

Wall Street analysts forecast MX stock price to rise 9.3% over the next 12 months.

Consensus

Moderately Bullish

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

Avg. Target

C$91.33

+9.3% Upside

Current Price

C$83.55

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 MX's historical volatility

HistoricalForecast68%95%
C$60.38C$79.17C$97.96C$116.75C$135.54C$154.33TodayMay 15Jul 21Sep 23Nov 5Dec 19Jan 31

30-Day Vol

33.9%

Annualized

90-Day Vol

41.4%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$99.88

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$88.67C$78.88 – C$99.69
60 trading daysC$94.11C$79.75 – C$111.06
90 trading daysC$99.88C$81.55 – C$122.34

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 consider Methanex's strong performance compared to its peers in the Basic Materials sector and the positive analyst sentiment regarding its earnings potential.

CA$83.44: Methanex's Real-Time Close

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With a market cap of CA$6.22 billion, Methanex's stock has delivered an impressive 57.5% return year-to-date, significantly outperforming the Basic Materials sector average of 16.7%.

Bull case

Methanex's recent earnings estimates have increased by 63% over the past three months, showing a positive shift in analyst sentiment. With a Zacks Rank of #1 (Strong Buy), the outlook for Methanex looks promising, especially as it outperforms the average gains in the Basic Materials sector.

Bear case

Despite this positive momentum, Methanex faces risks related to gas supply constraints and potential pricing shifts that could affect its margins and production levels. Investors should be aware of these underlying risks.

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Wealth Awesome
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Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: June 8, 2026
Last Updated: June 8, 2026

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