A$0.031 close 26 Jan 2026 ASX: SUV.AX Suvo Minerals oversold bounce signal
SUV.AX stock closed at A$0.031 on 26 Jan 2026 as the market shut. The price sits below the 50-day A$0.03584 and 200-day A$0.04610 averages, creating an oversold bounce setup on the ASX in Australia. Volume was light at 72,216 shares, below the 50-day average, which suggests a tactical rebound rather than a trend reversal. Traders should weigh short-term upside against negative earnings and thin liquidity.
SUV.AX stock: Price action and technical setup
SUV.AX stock closed at A$0.031, with a day range of A$0.031–A$0.034. The share is trading under its 50-day average A$0.03584 and 200-day average A$0.04610, classic signs of oversold conditions on the ASX. The year high is A$0.066 and the year low is A$0.027, so the current price sits near the lower band of the 12-month range.
Volume today was 72,216 versus an average volume of 413,750, indicating muted participation. Low relative volume often precedes short-term bounces once buyers step in. Use stop levels near A$0.027 and initial upside targets at the 50-day average for tactical trades.
SUV.AX stock: Fundamentals and valuation snapshot
Suvo Strategic Minerals Limited (SUV.AX) operates in Basic Materials in Australia and reports weak profitability. Trailing EPS is -0.01 and reported PE reads -3.10. Price-to-book is 2.22 and price-to-sales is 2.55, which show the market values the assets above book value despite losses. Current ratio stands at 1.60, and debt-to-equity is low at 0.14, limiting solvency risk.
Market capitalisation is approximately A$31.30M. Operating cash flow and free cash flow per share are negative, while revenue per share is 0.014. These metrics support a cautious stance for medium-term investors.
SUV.AX stock: Sector context and catalysts
Suvo sits in the Basic Materials sector, which has stronger year-to-date returns than many sectors. The sector shows positive momentum, which can lift small caps when commodity demand improves. Project-level catalysts for Suvo include progress at the Gabbin Kaolin and Eneabba silica projects and offtake or processing news from its Pittong plant.
Near-term news such as exploration results or a plant contract could ignite a short squeeze. Lack of regular earnings beats and low coverage remain structural risks.
SUV.AX stock: Meyka AI grade and model forecast
Meyka AI rates SUV.AX with a score of 63.56 out of 100 — Grade B, suggestion HOLD. This grade factors S&P 500 comparison, sector metrics, financial growth, key ratios, forecasts, and analyst sentiment. These grades are not guaranteed and we are not financial advisors.
Meyka AI’s forecast model projects a one-year price of A$0.054 versus the current A$0.031, implying upside of about 74.19%. Forecasts are model-based projections and not guarantees.
SUV.AX stock: Risk profile and red flags
Primary risks are weak profitability and low liquidity. SUV.AX reports negative net income and negative cash flow per share. Low average daily volume 413,750 historically means position entry and exit can move price sharply. The company has no dividend track record.
Other risks include commodity price swings, project delays, and thin analyst coverage. Given these risks, allocate small position sizes and use firm risk limits when trading the oversold bounce setup.
SUV.AX stock: Tactical oversold-bounce trading plan
A tactical plan targets a near-term rebound to the 50-day average A$0.03584, with an intermediate target of A$0.045. Use a protective stop-loss below A$0.027 to limit downside. Consider reducing size if volume does not confirm the move above the 50-day average.
Longer-term investors may watch for consistent revenue growth and improved operating cash flow before increasing exposure. Check company updates and sector momentum before adding weight.
Final Thoughts
SUV.AX stock closed at A$0.031 on 26 Jan 2026 and presents a classic oversold bounce setup on the ASX in Australia. The stock sits below both the 50-day and 200-day averages, trading with light volume at 72,216 shares. Fundamentals show negative EPS and cash flow, while solvency ratios remain manageable. Meyka AI’s model projects A$0.054 in one year, implying about 74.19% upside from current levels. For tactical traders the near-term target is A$0.045 and the stop is A$0.027. These figures frame a risk-reward trade that suits small, disciplined positions. Remember, forecasts are model-based projections and not guarantees. Monitor company news, sector momentum, and volume confirmation before committing larger capital. For the latest company filings visit the official site and ASX company page Suvo website and ASX company page. Meyka AI provides this analysis as an AI-powered market analysis platform.
FAQs
Is SUV.AX stock a buy after the oversold bounce?
SUV.AX stock shows a tactical oversold bounce, but fundamentals remain weak. A small, disciplined trade with a stop below A$0.027 can work. Longer-term buying needs better cash flow and consistent project updates.
What is Meyka AI’s SUV.AX stock forecast?
Meyka AI’s forecast model projects A$0.054 in one year for SUV.AX stock, implying about 74.19% upside from A$0.031. Forecasts are model-based and not guarantees.
What key metrics should I watch for SUV.AX stock?
Watch volume versus the 413,750 average, revenue growth, operating cash flow, and progress on Gabbin and Eneabba projects. Also monitor moves above the 50-day average A$0.03584 as confirmation.
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.
