Why did WMXCF stock fall so sharply today?

WMXCF stock fell **99.50%** to **$0.000001** on 02 Feb 2026 likely due to acute illiquidity, a large sell imbalance and limited market depth on PNK. Microcap OTC names can move violently on modest orders.

How does the balance sheet affect WMXCF stock outlook?

Key ratios show **debt to equity 1.88** and **current ratio 0.31**, signalling funding stress that can pressure WMXCF stock until the company secures financing or cuts costs.

What is Meyka AI's forecast for WMXCF stock?

Meyka AI's forecast model projects **$0.000005** in 12 months for WMXCF stock versus the current **$0.000001**, implying an approximate **400.00%** upside; forecasts are model-based projections and not guarantees.

What should investors watch next for WMXCF stock?

Watch company filings, cash-flow updates, any financing announcements and trading volume on PNK; these items will drive short-term moves in WMXCF stock and signal whether liquidity improves.

US Stocks

WMXCF Wiluna Mining (PNK) down 99.50% 02 Feb 2026: liquidity and valuation risks

ByHuzaifa Zahoor February 2, 2026

WMXCF stock plunged 99.50% to $0.000001 on 02 Feb 2026 in US market hours, making it one of today’s top losers on the PNK exchange. Volume traded reached 399,458 shares versus a previous close of $0.000200, driving the intraday drop and flagging acute liquidity stress. Wiluna Mining Corporation Limited (WMXCF) is listed on PNK but operates in Australia as a gold explorer; the move highlights execution and market access risks for microcap OTC names. We break down valuation, key metrics and Meyka AI’s short-term forecast to help investors assess risk and potential scenarios.