Datametrex AI stock surged 31% on Wednesday amid heavy trading, though the reason was unexplained.

Datametrex AI (CVE:DM) shares rose 31.3% on Wednesday, reaching a high of C$0.13 and closing at C$0.11, up from C$0.08, with trading volume surging to 936,867 shares—948% above average. The company, operating in Canada and South Korea, focuses on AI-driven data collection and analysis, with segments in AI and Technology and Health Care, offering telemedicine, concierge services, pharmacies, and pharmaceutical sales. Financial metrics include a market cap of C$2.21 million, a debt-to-equity ratio of 554.49, a negative P/E of -0.89, and 50-day and 200-day moving averages both at C$0.09. The cause of the stock’s surge was not disclosed.