Why did SLX.AX stock spike today?

SLX.AX stock rose on 09 Jan 2026 after renewed discussion of government support and policy relevance for Silex's enrichment technology. Media coverage and trader positioning drove high volume. News and policy updates often move the stock quickly.

What are the near-term price targets for SLX.AX stock?

Meyka AI sets a near-term target of **A$10.50** and an optimistic scenario target of **A$13.00** if catalysts progress. The model also shows a monthly figure of **A$9.34** and a 12-month figure of **A$6.31**.

How does SLX.AX stock look on valuation and fundamentals?

Silex has **EPS -0.18**, **PE -38.00**, price-to-sales **~146.06**, and market cap **A$1.63B**. Liquidity is strong with cash per share **A$0.35** and current ratio **12.33**. The valuation is high and sensitive to execution.

What should traders watch next for SLX.AX stock?

Watch regulatory updates, government statements, and the 2026-02-25 earnings announcement date. Also monitor volume trends and technicals like RSI **40.12** and the **A$9.77** Bollinger upper band for breakout confirmation.

AU Stocks

SLX.AX Silex Systems (ASX) +37.71% to A$9.75 on 09 Jan 2026: Monitor catalysts

ByHuzaifa Zahoor January 9, 2026January 9, 2026

SLX.AX stock jumped 37.71% to A$9.75 on 09 Jan 2026 on heavy volume, marking a sharp session close on the ASX. The move came with 1,473,935 shares traded versus an average of 1,710,852. We review why volume spiked, how fundamentals and technicals connect to price action, and what Meyka AI’s forecasts imply for near-term targets and risks.