ALR.AX stock down 7.41% after hours on ASX: top loser for miners, what to watch

ALR.AX stock opened the after-hours session under pressure after a 7.41% intraday slide to A$0.025 on the ASX on 30 Jan 2026. Trading volume surged to 31,470,861 shares, well above the 50-day average. The move makes Altair Minerals Limited (ALR.AX) a top loser in the Basic Materials group as small-cap exploration risk meets sector weakness. We examine the drivers, valuation, technicals and a short Meyka AI forecast to help investors assess downside and catalysts.