Why did FMR.AX stock rally today?

FMR.AX stock rallied on heavy volume and speculative interest in its battery and critical minerals assets. Volume was **383,314.00**, well above the average of **164,165.00**, driving a one-day gain of **25.58%** on ASX.

What are the key valuation metrics for FMR.AX stock?

Key metrics: EPS **-0.05**, PE **-5.20**, PB **1.20**, market cap **A$13,093,539.00**, and book value per share **A$0.21628**. These show low valuation but negative profitability.

What price target does Meyka AI model give for FMR.AX stock?

Meyka AI's model projects a quarterly target of **A$0.65** and a yearly figure of **A$2.39**. The 12-month base target of **A$0.65** implies about **140.74%** upside from **A$0.27**. Forecasts are model-based projections and not guarantees.

Is FMR.AX stock a buy for long-term investors?

FMR.AX stock carries high volatility and negative earnings. Meyka AI grades the stock **C+** with a HOLD suggestion. Long-term investors should wait for sustained earnings improvement or clear project milestones before increasing exposure.

AU Stocks

FMR.AX stock jumps 25.58% on ASX 19 Feb 2026: volume spike may signal upside

ByDanny Kontos February 19, 2026February 19, 2026

FMR.AX stock jumped 25.58% to A$0.27 on the ASX at market close on 19 Feb 2026 as volume surged to 383,314.00 shares. The one-day rally lifted the price from a previous close of A$0.215 and pushed trading above the 50-day average of A$0.26255. Investors pushed the relative volume to 4.99, making FMR.AX one of the day’s top gainers on the Australian market