Conquest Resources Ltd (CQR.V) experienced notable volatility this week, closing flat on Friday but down significantly overall.
Conquest Resources Ltd, a player in the materials sector, has seen its stock price fluctuate over the past week. With no major news to drive the price, investors are closely watching the technical indicators.
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Conquest Resources Ltd
CQR.V
CQR.V
Conquest Resources Ltd
WealthAwesomeMarket cap
$10.06M
52W high
$0.11
52W low
$0.03
1W change
-18.75%
Beta
0.99
Analyst Price Targets
Based on analyst covering CQR · as of Sep 17, 2026
Wall Street analysts forecast CQR stock price to rise 6561.5% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$4.33
+6561.5% Upside
Current Price
C$0.07
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CQR's historical volatility
30-Day Vol
231.2%
Annualized
90-Day Vol
189.0%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$0.05
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.06 | C$0.03 – C$0.14 |
| 60 trading days | C$0.06 | C$0.02 – C$0.18 |
| 90 trading days | C$0.05 | C$0.01 – C$0.22 |
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 the technical picture and volume trends of Conquest Resources Ltd as they evaluate potential investment opportunities, especially given the stock's recent performance and analyst outlook.
CQR.V has seen a YTD increase of 44.44%.
Despite the recent weekly decline, Conquest Resources has managed to maintain a positive year-to-date performance, indicating resilience in its operations.
Bull case
Analysts are optimistic about Conquest Resources, with an average target price suggesting significant upside potential from current levels. This positive outlook could attract long-term investors looking to benefit from growth in the materials sector.
Bear case
The recent drop of 18.75% this week raises concerns about momentum and investor sentiment, especially considering the low trading volume compared to its average. The current profit margin stands at 0.0%, and the return on equity (ROE) is notably negative at -131.2%, which may worry some investors about the company’s financial health.
Price Action Overview
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Conquest Resources Ltd (CQR.V) closed on Friday at C$0.07, reflecting no change in price for the day. However, the stock has faced a challenging week with a decline of 18.75%. Over the past month, it has managed to recover somewhat, gaining 18.18%, and maintains a year-to-date increase of 44.44%. Investors are closely monitoring these fluctuations as they assess future opportunities.
Technical Picture
The technical indicators for Conquest Resources show a mixed picture. The stock is currently trading at its 50-day moving average (MA) of C$0.06, representing a 12.5% increase, while it is slightly below its 200-day MA of C$0.07, which is down by 0.3%. The 52-week trading range for the stock has been between C$0.03 and C$0.11, indicating that it is currently at 44% of this range. The stock's beta of 0.99 suggests it moves in line with the broader market. Notably, the trading volume for the day was 15,000 shares, significantly lower than the 20-day average volume of 76,588 shares, indicating reduced investor activity.
Market Sentiment and Analyst Outlook
Despite the recent drop in stock price, analysts remain bullish on Conquest Resources Ltd. The average analyst target is set at C$4.33, implying a remarkable potential upside of approximately 6561.5% from the current price. This optimistic outlook could attract long-term investors looking to capitalize on potential growth in the materials sector.
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