What drove PEK.AX stock higher at the close on 16 Feb 2026?

PEK.AX stock rose to **A$0.44** on higher volume of **7,870,913** shares. Drivers were technical rotation into rare earths names, relative strength versus the 50‑day average, and speculative buying on exploration progress expectations.

What are realistic near-term targets for PEK.AX stock?

Meyka AI's model gives a base target of **A$0.52** and a stretch target of **A$0.62**. Those figures imply roughly **+18.18%** to **+40.91%** upside from **A$0.44**, but forecasts are model projections, not guarantees.

What key risks should investors watch for with PEK.AX stock?

Primary risks include exploration execution, Tanzania permitting and political risk, ongoing negative earnings, and sector commodity swings. Low staff count and early-stage status increase operational and execution risk.

How should traders approach an oversold bounce in PEK.AX stock?

Use staged entries: initial position **A$0.44–A$0.46**, confirm with a close above **A$0.50**, stop near **A$0.36**, and targets at **A$0.52** and **A$0.62**. Keep position sizes small due to high volatility.

AU Stocks

PEK.AX A$0.44 at close 16 Feb 2026: Oversold bounce may lift price to A$0.55

ByHuzaifa Zahoor February 16, 2026

PEK.AX stock closed at A$0.44 on 16 Feb 2026, up 2.33%, as volume jumped to 7,870,913 shares at market close. The jump follows recent volatility and positions Peak Rare Earths Limited for an oversold bounce setup after a strong multi-month move. Traders should note the stock sits above the 50‑day average A$0.35 and the 200‑day average A$0.21, giving a technical base for short-term recovery. We outline what drove today’s action, valuation context, and a practical trading plan for the ASX-listed rare earths explorer.