RIL.AX Redivium Limited ASX closed A$0.004 26 Jan 2026: Oversold bounce signal
Redivium Limited (RIL.AX) closed at A$0.004 on 26 Jan 2026, a price that flags an oversold bounce opportunity for short-term traders. The RIL.AX stock sits near its year high of A$0.004 and well above the year low of A$0.0025, with daily volume of 16,605 shares. On the ASX in Australia the battery recycling and mineral exploration company shows low liquidity and thin trading, which can magnify rebounds. We examine fundamentals, technical setup, Meyka AI grading, and a model forecast to frame a risk-aware oversold bounce play.
RIL.AX stock snapshot and trading facts
Redivium Limited (RIL.AX) trades on the ASX in Australia with a last price of A$0.004. Shares outstanding total 3,402,355,462.00 and market cap is A$13,609,422.00. Day range, open and close were all A$0.004, reflecting thin liquidity. Volume today was 16,605.00 shares. This snapshot shows tight price action and low turnover, a common trait for oversold bounce setups where modest buying lifts price quickly.
Why the oversold bounce setup matters for RIL.AX stock
RIL.AX stock is classified here as an oversold bounce candidate because the price is compressed at A$0.004 after prior weakness. Low float and thin daily volume can create sharp short-term rebounds when buyers re-enter. For traders, the setup favors a defined stop loss and small position sizes, given the high percentage moves that small-cap penny stocks can produce.
Financial and valuation metrics for Redivium Limited (RIL.AX stock)
Redivium reports limited revenues and negative net income per share of -0.00073. Book value per share is 0.00438, and price to book is 0.91, suggesting the market values the company slightly below its book value. Current ratio is 16.01, and cash per share is 0.00037, pointing to a strong short-term liquidity cushion. These ratios show mixed fundamentals: balance-sheet strength but limited earnings and cash flow.
Technical setup, Meyka grade and risk controls for RIL.AX stock
Technical indicators are muted because trading is thin, but the oversold bounce theme remains. Meyka AI rates RIL.AX with a score out of 100: 58.53 | Grade: C+ | Suggestion: HOLD. This grade factors in S&P 500 and sector comparison, financial growth, key metrics, and analyst signals. Use tight stops; consider targets near prior resistance and scale out on strength. Stop-loss suggestion for short-term trades: below A$0.003 to limit downside.
Catalysts, news and sector context driving RIL.AX stock
RIL.AX operates in the Basic Materials sector and Industrial Materials industry, where sector performance has been strong year-to-date. Recent coverage includes a competitor comparison on Investing.com. Active catalysts that could trigger a bounce include operational updates, battery recycling contract wins, or positive exploration results. We link the company site and third-party coverage for reference: Redivium website and a competitor comparison on Investing.com.
Trading strategy and scenario planning for RIL.AX stock
A tactical oversold bounce plan: buy a small size at A$0.004, set a stop at A$0.003, and scale to take profits at A$0.006 and A$0.010. Risk management is essential because volatility and low liquidity can cause rapid reversals. For investors, the company’s lack of revenue growth and negative earnings suggest a cautious HOLD stance rather than long-term accumulation.
Final Thoughts
Key takeaways: RIL.AX stock closed at A$0.004 on 26 Jan 2026, creating a classic oversold bounce setup for short-term traders. Balance-sheet metrics show a high current ratio of 16.01 and a price-to-book near 0.91, but earnings remain negative and trading liquidity is thin. Meyka AI’s forecast model projects a 12-month median price of A$0.008 versus the current A$0.004, implying 100.00% upside. Forecasts are model-based projections and not guarantees. For traders, a defined stop under A$0.003 and profit targets at A$0.006 and A$0.010 preserve capital while capturing potential bounce gains. For longer-term investors, monitor company updates and sector moves in battery recycling before increasing exposure. See the company page and comparative coverage for further context at RIL.AX on Meyka and Investing.com.
FAQs
What is the current price of RIL.AX stock?
Redivium Limited (RIL.AX) closed at A$0.004 on 26 Jan 2026 with volume of 16,605 shares. Trading is thin and price can move sharply on modest orders.
What short-term target should traders use for RIL.AX stock?
For an oversold bounce, target levels are A$0.006 and A$0.010 with a stop below A$0.003. Adjust position size because volatility and low liquidity increase risk.
How does Meyka AI rate RIL.AX?
Meyka AI rates RIL.AX with a score out of 100: 58.53, Grade C+, Suggestion HOLD. The grade uses benchmark, sector, growth, metrics and analyst signals.
Is RIL.AX stock a buy for long-term investors?
Long-term buying is cautious. RIL.AX shows limited revenues and negative EPS. Monitor operational updates and sector contracts before increasing exposure.
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.
