Corus Entertainment Inc's stock has seen significant volatility recently, closing down 12.5% on Tuesday.
Corus Entertainment Inc (CJR-B.TO) has experienced a notable decline in its stock price, closing at C$0.04, down 12.5% from the previous trading day. This follows a month where the stock has also decreased by 12.5%, indicating ongoing challenges for the company amid its restructuring efforts.
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Corus Entertainment Inc
CJR-B.TO
CJR-B.TO
Corus Entertainment Inc
WealthAwesomeMarket cap
$7.98M
52W high
$0.11
52W low
$0.03
1W change
+0.00%
Beta
1.51
Analyst Price Targets
Based on analyst covering CJR-B
Wall Street analysts forecast CJR-B stock price to rise 14.3% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$0.04
+14.3% Upside
Current Price
C$0.04
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CJR-B's historical volatility
30-Day Vol
130.4%
Annualized
90-Day Vol
163.9%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$0.04
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$0.04 | C$0.02 โ C$0.06 |
| 60 trading days | C$0.04 | C$0.02 โ C$0.07 |
| 90 trading days | C$0.04 | C$0.02 โ C$0.09 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. 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 remain cautious as Corus continues to navigate its financial restructuring and credit facility amendments. With a market cap of just under C$8 million and a deeply negative profit margin, the outlook remains uncertain despite some analysts maintaining a moderately bullish stance.
Stock Volume Dips Below Average
Corus Entertainment's latest trading volume was 99,655 shares, significantly lower than its 20-day average of 142,628 shares, indicating reduced investor interest.
Bull case
Analysts have set an average target of C$0.04 for Corus Entertainment, suggesting a potential upside of 14.3% from its current price. If the company can successfully navigate its recapitalization and stabilize its operations, there could be a shift in investor sentiment.
Bear case
Corus Entertainment's significant negative profit margin of -33.8% and an exceedingly high return on equity of -2188.2% indicate serious financial distress. Investors should be cautious about the company's ability to recover, especially given its recent stock performance and dependence on credit amendments.
Recent Price Action
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Corus Entertainment Inc's stock closed at C$0.04 on Tuesday, reflecting a significant decline of 12.5% in one day. Over the past week, the stock has remained unchanged, while it has decreased by 12.5% over the last month and has not seen any year-to-date growth.
Company News and Headlines
There has been no major news released by Corus Entertainment this week. However, the company has been in the headlines for its ongoing amendments to its credit facility agreements. The most recent update was on August 31, 2026, when Corus announced a third amendment to its waiver and standstill agreement, extending the term to October 31, 2026, in light of its recapitalization efforts. This follows a series of prior amendments aimed at stabilizing the companyโs financial position.
Technical Picture
From a technical standpoint, Corus Entertainment's stock is currently trading at its 50-day moving average of C$0.04, which is down 9.8% from the price. Additionally, the 200-day moving average is also C$0.04, down 7.4% from the current price. The stock has a 52-week range of C$0.03 to C$0.11, indicating that it is currently trading at approximately 6% of its range. With a beta of 1.51, the stock has exhibited higher volatility compared to the overall market.
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