What is driving the intraday move in PEK.AX stock today?

Today’s move in PEK.AX stock is driven by heavy volume of **7,870,913** shares, short-covering and a quick intraday mean reversion. Sector interest in NdPr fundamentals and any project news act as catalysts on the ASX in AUD.

How does Meyka AI rate PEK.AX stock and what does that mean?

Meyka AI rates PEK.AX with a score of **58.55 (C+)** and a HOLD suggestion. The grade factors benchmark, sector, growth, metrics and analyst views. It is informational only and not investment advice.

What are realistic price targets for PEK.AX stock?

Meyka AI’s model suggests a conservative target of **A$0.60** (≈36.36% upside), a bull target of **A$0.85**, and a downside stress of **A$0.30**. These are model projections, not guarantees.

What risks should traders watch for with PEK.AX stock?

Traders should watch project financing, Tanzanian permitting, capex needs and NdPr price swings. PEK.AX stock is event-driven and can gap on news, so use tight stops and monitor official company updates.

AU Stocks

PEK.AX Peak Rare Earths ASX A$0.44 06 Feb 2026: Oversold bounce on heavy volume

ByDanny Kontos February 6, 2026

PEK.AX stock is trading at A$0.44 intraday on 06 Feb 2026, up 2.33% as heavy turnover sparks a short-term oversold bounce. Volume is notable at 7,870,913 shares, almost four times the average daily volume, which suggests short-covering and intraday mean reversion. This note looks at the intraday signal, valuation metrics, operational risks tied to the Ngualla project in Tanzania, and tactical trade ideas for an oversold bounce strategy on the ASX in AUD.