Why did GES.AX stock spike on 13 Feb 2026?

GES.AX stock spiked on heavy volume of **3,093,154** shares and short‑term buying interest. The move reflects low liquidity, trader flows and momentum rather than new earnings. An upcoming earnings date on **2026-03-09** also focused attention.

What is Meyka AI’s grade for GES.AX stock and what does it mean?

Meyka AI rates GES.AX **56.29 / C+ — HOLD**. The grade balances exploration upside with weak cash flow and high leverage. It is informational only and not investment advice.

What price targets and forecast exist for GES.AX stock?

Meyka AI's forecast model projects monthly **A$0.01**, yearly **A$0.00756** and three‑year **A$0.00870**. We note a trader target of **A$0.01200** for short windows. Forecasts are model projections and not guarantees.

What are the main risks for investors in GES.AX stock?

Key risks include thin liquidity, negative operating cash flow, low current ratio **0.01**, and high debt to equity **5.89**. These raise the chance of volatile price swings and potential dilution.

AU Stocks

GES.AX Genesis Resources (ASX) +66.67% to A$0.01: volume surge signals momentum

ByHuzaifa Zahoor February 13, 2026February 13, 2026

GES.AX stock jumped 66.67% to A$0.01 at the ASX close on 13 Feb 2026 on 3,093,154 shares traded, marking a clear high-volume mover for the day. The spike outpaced the 50-day average price A$0.00612 and pushed the price toward the year high of A$0.015. Traders focused on short‑term momentum, low liquidity and an upcoming earnings announcement on 2026-03-09. We review intraday drivers, technical and fundamental ratios, Meyka AI grading and a model-based forecast to explain why this volume move matters for active traders and longer-term investors.