Why did RON.AX stock fall so sharply today?

The intraday drop reflected heavy selling on low liquidity, a high relative volume of **6.99**, and negative sentiment across junior explorers. No earnings release drove the move; market positioning and peer re-ratings amplified the decline.

What are key support and resistance levels for Ronin Resources?

Watch near-term support at **A$0.15–0.17** and resistance at **A$0.22–0.27**. A sustained move above **A$0.22** would ease immediate pressure, while a move below **A$0.15** raises the risk of a test toward the year low.

How does the Meyka AI forecast affect the RON.AX outlook?

Meyka AI's forecast projects **A$0.2164** in one year, implying **23.60%** upside from **A$0.175**. This model-based view supplements fundamentals but is not a guarantee. Investors should weigh execution risk on projects.

Is Ronin Resources a buy after the drop?

Following the selloff, Ronin carries execution and liquidity risk. Meyka’s grade is **C+ (HOLD)**. Investors seeking exposure should require clear exploration milestones or permit progress before allocating capital.

AU Stocks

RON.AX down 35.19% intraday on ASX 20 Feb 2026: key triggers to watch

ByHuzaifa Zahoor February 20, 2026

RON.AX stock slid to A$0.18 intraday on 20 Feb 2026, a -35.19% move on the ASX that put volume at 268,949 shares, nearly seven times average. The drop follows a weak opening at A$0.27 and left the share price near the day low of A$0.17. We examine drivers behind the top loser move, link financial ratios to the selloff, and flag technical levels traders should watch as the Basic Materials sector navigates mixed commodity flows.