What caused the intraday fall in MTL.AX stock on 12 Feb 2026?

The drop was driven by thin liquidity and heavy selling pressure in a microcap ASX stock; MTL.AX stock fell **33.33%** to **A$0.001** on elevated but still limited volume versus its average. No single public announcement explained the move.

What is the Meyka AI grade for MTL.AX stock and what does it mean?

Meyka AI rates MTL.AX with **67.19 / 100 (Grade B, HOLD)**, a composite score that weights benchmarks, sector and financial growth. The grade suggests caution: potential upside from exploration balanced by liquidity and cash risks.

Are there price targets or forecasts for MTL.AX stock?

Meyka AI's short-term projection is **A$0.001**, aligned with the current price; scenario targets are bear **A$0.001**, base **A$0.002**, bull **A$0.005**. Forecasts are model-based projections and not guarantees.

What should investors watch next for MTL.AX stock?

Monitor Mantle Minerals' cash position, drill results, any capital raises and the earnings update on **09 Mar 2026**, plus trade volume and spread changes on the ASX. Those items will drive MTL.AX stock performance.

AU Stocks

MTL.AX Mantle Minerals (ASX) down 33.33% intraday 12 Feb 2026: watch liquidity

ByHuzaifa Zahoor February 12, 2026February 12, 2026

MTL.AX stock fell 33.33% intraday on 12 Feb 2026 to A$0.001, with volume reaching 1,135,650.00 shares as traders reacted to thin liquidity and low market depth. Mantle Minerals Limited (MTL.AX) is a junior explorer listed on the ASX exploring lithium, gold and nickel in Australia and the US, and the intraday drop outpaced its 50-day average. We assess the drivers behind the move, short-term technicals, balance-sheet metrics and what the Meyka AI model projects for MTL.AX stock in the coming months.