What drove the AQX.AX stock decline on 23 Jan 2026?

AQX.AX stock fell **26.67%** on 23 Jan 2026 as heavy selling hit a micro-cap explorer. Volume spiked to **9,071,328**, indicating large orders. The decline follows a rapid one-month rally and reflects liquidity and sentiment risks.

What are Meyka AI's short-term forecasts for AQX.AX stock?

Meyka AI's forecast model projects a monthly level of **A$0.010** and a one-year projection of **A$0.00728** for AQX.AX stock. These projections imply near-term downside versus the current **A$0.011** and are model-based, not guarantees.

What price targets should investors watch for AQX.AX stock?

Key targets for AQX.AX stock: conservative **A$0.007** (about **-36.36%**), bearish **A$0.003** (about **-72.73%**), and bullish **A$0.015** (about **+36.36%**). Monitor updates and liquidity before trading.

How does Alice Queen's fundamentals affect AQX.AX stock risk?

Alice Queen has negative EPS **-0.07**, current ratio **0.80**, and minimal revenues, which raise funding and dilution risk. As an exploration-stage Basic Materials company, fundamentals heighten volatility in AQX.AX stock.

AU Stocks

Market closed 23 Jan 2026: Alice Queen (AQX.AX) ASX down 26.67%: watch support

ByDanny Kontos January 23, 2026January 23, 2026

AQX.AX stock fell sharply at market close on 23 Jan 2026, dropping 26.67% to A$0.011 on the ASX. Volume surged to 9,071,328 shares, more than twice average volume, signalling strong selling pressure. The drop followed a prior run-up where the one-month gain was 175.00%, leaving short-term traders and miners watching support. We summarise price drivers, key ratios, Meyka AI grade and near-term price targets for Alice Queen Limited on the ASX.