What drove the pre-market gain in GMN.AX stock?

The pre-market gain to **A$0.12** came with heavy volume **712,545**, indicating fresh buying interest likely tied to exploration news and sector momentum in Basic Materials on the ASX.

What is Meyka AI's grade for GMN.AX stock?

Meyka AI rates GMN.AX with a score out of 100: **62.87**, Grade **B**, suggestion **HOLD**. The grade weighs sector, growth, metrics and forecasts but is not investment advice.

What are the key valuation figures for GMN.AX stock?

Key metrics: **Market cap A$13,048,219.00**, **PB 0.86**, **EPS -4.32**, **P/E -0.02**. These reflect exploration-stage status with limited revenue and negative earnings.

What price targets and forecasts exist for GMN.AX stock?

Meyka AI's forecast model projects **A$0.13** in 12 months (+**6.06%**), **A$0.25** in 3 years (+**107.48%**) and **A$0.37** in 5 years (+**208.83%**). Forecasts are model-based projections and not guarantees.

AU Stocks

GMN.AX up 26% pre-market on ASX 18 Feb 2026: volume spike drives short-term momentum

ByDanny Kontos February 17, 2026

GMN.AX stock opened pre-market on the ASX trading at A$0.12, up 26.32% from the prior close. The move came with a heavy volume of 712,545 shares versus an average of 175,198, a relative volume of 6.54. Market participants are pricing momentum into Gold Mountain Limited (GMN.AX) amid exploration updates and sector flows for Basic Materials in Australia. We review the drivers, key ratios, technicals and model forecasts to frame a short-term trading view and a longer-term outlook.