What drove DEG.AX stock down pre-market today?

DEG.AX stock fell pre-market to A$2.46 on 17 Mar 2026 amid heavy volume of 137,596,438 shares. Intraday selling likely reflects sector flows and trader repositioning rather than a single public announcement.

What is Meyka AI’s short-term forecast for DEG.AX stock?

Meyka AI's forecast model projects DEG.AX stock at A$2.79 in one year, an implied upside of 13.32% from the current A$2.46. Forecasts are model-based projections and not guarantees.

Is De Grey Mining profitable based on recent metrics?

No. De Grey shows EPS of -0.01 and a negative trailing PE. The company has cash per share A$0.47 and book value A$0.69, indicating resource-stage balance sheet strength despite operating losses.

How should traders manage risk when trading DEG.AX stock?

With DEG.AX stock seeing high relative volume and volatility, traders should use defined stops and position sizing. Monitor moving averages A$2.25 (50-day) and A$1.75 (200-day) as technical reference points.

AU Stocks

DEG.AX De Grey Mining (ASX) A$2.46 pre-market 17 Mar 2026: -8.21% heavy volume

ByHuzaifa Zahoor March 17, 2026March 17, 2026

DEG.AX stock opened the pre-market session on 17 Mar 2026 at A$2.46, down 8.21% from the prior close. Trade is already heavy with 137,596,438 shares changing hands, nearly nine times average volume. That surge makes DEG.AX one of the most active ASX names this morning. We look at valuation, cash metrics, the trading setup and Meyka AI’s forecast for short and medium terms.