MXR.AX Maximus Resources ASX A$0.077 pre-market: oversold bounce could reach A$0.085
MXR.AX stock trades at A$0.077 pre-market on 24 Jan 2026 as buyers watch for an oversold bounce. The share sits above its 50-day average of A$0.06988 and well above its 200-day average of A$0.04825, a setup that can attract short-term momentum traders. Volume is light at 370,996 today versus an average of 1,536,844, so any lift may be fragile. We summarise technical triggers, valuation metrics, Meyka AI grade, and clear price targets for an oversold bounce strategy.
Technical setup and short-term triggers for MXR.AX stock
MXR.AX stock shows a classic oversold bounce pattern: price near the recent day low A$0.077 with a quick recovery on small volume. The 50-day average sits at A$0.06988 and the 200-day average at A$0.04825. A bounce toward the day high A$0.081 or the year high A$0.085 would be a logical first resistance test.
Liquidity, volume and trading risk for MXR.AX stock
Liquidity is a constraint: today’s volume is 370,996 versus an average of 1,536,844, a relative volume of 0.24. Thin trading can amplify moves and widen spreads. We flag that stop placement and position sizing matter for an oversold bounce trade because low liquidity can reverse gains quickly.
Fundamentals snapshot: valuation and financials for MXR.AX stock
Maximus Resources Limited (MXR.AX) operates in Basic Materials with a market cap of A$33,424,776 and shares outstanding 434,088,000. Key ratios: EPS -0.01, PE -7.70, PB 1.39, current ratio 3.86. Free cash flow per share is -0.01291, and cash per share is 0.01123. The firm has project exposure to gold, nickel and copper in Western Australia, which links valuation to commodity cycles.
Meyka AI grade and technical indicators for MXR.AX stock
Meyka AI rates MXR.AX with a score out of 100: 63.61, Grade B, Suggestion HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Technical indicators show price above the 50-day average and positive medium-term momentum, but on low volume, so conviction remains moderate.
Price targets, Meyka AI forecast and implied returns for MXR.AX stock
Meyka AI’s forecast model projects yearly A$0.06119, three-year A$0.06954, and five-year A$0.07721. Versus the current A$0.077, the model implies short-term downside to the one-year projection of -20.53%, three-year downside -9.72%, and a roughly flat five-year outlook +0.03%. For an oversold bounce trade we set a near-term price target at A$0.085 (year high) and a conservative stop at A$0.069 (near 50-day average). Forecasts are model-based projections and not guarantees.
Sector context and catalysts affecting MXR.AX stock
Maximus sits in Basic Materials, a sector up 62.70% over 12 months, driven by higher metal prices and exploration flows. Company catalysts that could lift MXR.AX stock include drill results from Spargoville or Wattle Dam updates, plus stronger nickel or gold prices. Major risks are weak trading liquidity, exploration setbacks, and narrow project financing windows.
Final Thoughts
Key takeaways for MXR.AX stock: the pre-market price of A$0.077 gives an oversold bounce setup because price sits above the 50-day and 200-day averages. Short-term traders may target a move to A$0.085 with a stop near A$0.069, but low liquidity—today’s volume 370,996 versus average 1,536,844—raises execution risk. Meyka AI’s forecast model projects A$0.06119 for the next year, implying a -20.53% downside versus today, while the five-year model points to A$0.07721, roughly flat. Meyka AI notes this stock earns a 63.61/100 (B, HOLD) grade after comparing sector performance, financial growth, key metrics, and analyst consensus. Use small sizes and tight risk rules for an oversold bounce trade. We provide AI-powered market analysis through Meyka AI but this is not personal financial advice; conduct your own due diligence.
FAQs
Is MXR.AX stock a buy after the oversold move?
MXR.AX stock is a possible short-term bounce candidate but carries execution risk. Meyka AI grades it B (Hold) and our forecasts show one-year downside to A$0.06119. Use small position sizes and a strict stop loss.
What are sensible targets and stops for MXR.AX stock?
A near-term target for MXR.AX stock is A$0.085 (year high). A conservative stop is A$0.069 near the 50-day average. Adjust size for low liquidity and volatility.
How do fundamentals affect the MXR.AX stock bounce thesis?
Fundamentals are mixed: market cap A$33,424,776, EPS -0.01, PB 1.39, and cash per share 0.01123. These metrics support caution even if a technical bounce occurs.
Where can I find official company updates for MXR.AX stock?
Check the company website and ASX announcements for the latest MXR.AX stock news. Start with the Maximus site and the MXR ASX company page for filings and releases.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
