What is the current price and short-term setup for SUV.AX stock?

SUV.AX stock closed at **A$0.031** on 23 Jan 2026. The stock shows an oversold setup after multi-period declines and low volume, which can produce a short-term bounce but also higher volatility and execution risk.

What forecast and upside does Meyka AI give for SUV.AX stock?

Meyka AI's model projects **A$0.05360** in one year for SUV.AX stock, implying an upside of **72.94%** versus today’s **A$0.031**. These are model projections and are not guarantees.

What are the main risks for investors in SUV.AX stock?

Key risks for SUV.AX stock include negative earnings (EPS **-0.01**), weak profitability (ROE **-55.54%**), small market cap (**A$31,295,120.00**) and thin liquidity, which can amplify losses and widen spreads.

What price targets should traders consider for SUV.AX stock?

For SUV.AX stock we suggest a tactical short-term target **A$0.045** and a 12-month target **A$0.054** aligned with the Meyka forecast. Use stop-losses given volatility and limited liquidity.

AU Stocks

SUV.AX Suvo Strategic Minerals ASX A$0.031 close 23 Jan 2026: oversold bounce

ByHuzaifa Zahoor January 23, 2026January 23, 2026

SUV.AX stock closed on the ASX at A$0.031 on 23 Jan 2026, putting Suvo Strategic Minerals Limited within a near-term oversold setup. Volume finished at 72,216 versus an average of 413,750, and the day range was A$0.031–A$0.034. The share price sits above the year low of A$0.027 yet well below the 200-day average of A$0.046, which frames a short-term bounce trade for nimble traders. We outline the data points, risks and a model forecast to show where buyers may re-enter the stock.