BLZ.AX up 50.00% to A$0.0015 pre-market 13 Jan 2026: monitor catalysts
Blaze Minerals Limited (BLZ.AX stock) led pre-market gainers on the ASX on 13 Jan 2026, jumping 50.00% to A$0.0015. The move came on thin liquidity with 466,134 shares traded versus a 50-day average of 5,552,925. Blaze Minerals is a small-cap explorer focused on nickel, gold and base metals in Western Australia. Key fundamentals show EPS -0.01 and a market cap A$2,875,000, highlighting a speculative, high-risk setup for traders seeking short-term catalysts.
BLZ.AX stock pre-market move and trading stats
BLZ.AX stock opened pre-market at A$0.0020 and printed a session high A$0.0020 and low A$0.0010, closing the move at A$0.0015 by the latest tick. The listed change was +0.0005 or 50.00% versus the previous close of A$0.0010. Volume for the move was 466,134 shares, well below the average daily volume of 5,552,925, producing a relative volume of 0.056. Shares outstanding total 2,875,000,000, giving a market capitalisation of A$2,875,000.
BLZ.AX stock catalysts and news
There is no public ASX release linked to the spike in the provided feed. The company website lists project activity in Western Australia and contact details for investor enquiries. Monitor for drill results, assay updates, farm-in agreements or corporate announcements as likely catalysts.
Blaze’s next listed earnings or announcement date in the dataset is 2026-03-11. For company details and filings see the company site Blaze Minerals Limited and the company profile image and summary at FinancialModelingPrep. Also track the Meyka stock page for live updates: https://meyka.ai/stocks/BLZ.AX.
BLZ.AX stock technicals and liquidity
Technicals show a low-momentum setup: RSI 35.56 indicates weak momentum but not yet a clear oversold bounce. MACD values are neutral, and the MFI 5.28 flags very low money flow, consistent with the thin trade. The 50-day average price is A$0.00189 and the 200-day average is A$0.00271, both above today’s print, signalling a longer-term downtrend.
Low liquidity is the primary technical risk: average daily volume is 5,552,925 but the move happened on 466,134 shares. Expect wide spreads and volatile intraday swings until volume normalises.
BLZ.AX stock valuation and fundamentals
Fundamentals show operating losses and stretched ratios typical of junior explorers. Key figures: EPS -0.01, PE -0.10, Price/Book 0.38, and book value per share A$0.00261. Current ratio sits at 0.30, suggesting short-term liquidity constraints at the corporate level. Cash per share is A$0.00026 and operating cash flow per share is -A$0.00050.
Sector context: Blaze sits in Basic Materials. The sector has outperformed year-to-date, but Blaze’s micro-cap metrics and negative margins contrast with large-cap peers. Valuation signals are mixed—a low Price/Book but weak profitability and cash flow.
BLZ.AX stock Meyka grade and analyst view
Meyka AI rates BLZ.AX with a score of 65.43 out of 100 — Grade B, suggestion HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The company’s standalone rating from one data provider is C+ with a recommendation of Sell, reflecting weak profitability and low liquidity.
Analyst view: market consensus is limited for this micro-cap. Key positives are project upside and a low price base. Key negatives are negative earnings, very low cash per share, and high execution risk for exploration results.
BLZ.AX stock outlook and price forecast
Meyka AI’s forecast model projects a 12-month target of A$0.00350. Versus the current A$0.0015, that implies an upside of 133.33%. Forecasts are driven by a combination of book value support, potential positive drill results and sector tailwinds for base metals.
Forecasts are model-based projections and not guarantees. Given the company’s thin liquidity, any near-term move will depend on specific newsflow or financing activity.
Final Thoughts
Blaze Minerals Limited (BLZ.AX stock) is trading as a speculative micro-cap on the ASX after a 50.00% pre-market spike to A$0.0015 on 13 Jan 2026. The move occurred on 466,134 shares, far below average daily volume, so price action should be treated as high-volatility noise unless followed by company-confirmed catalysts. Fundamentals show EPS -0.01, Price/Book 0.38, and constrained liquidity with a current ratio near 0.30. Meyka AI’s model projects a 12-month target of A$0.00350, implying +133.33% upside from today’s level, but this is a model projection and not a guarantee. Traders should prioritise confirmed exploration results, corporate announcements, or financing updates before increasing exposure. Long-term investors must weigh book-value support versus repeated dilution risk and negative cash flow. Meyka AI, as an AI-powered market analysis platform, will track updates and re-score BLZ.AX stock as new data appears.
FAQs
What drove the BLZ.AX stock jump pre-market?
The BLZ.AX stock jump was on thin liquidity with 466,134 shares traded. No firm ASX release appeared in the dataset; typical drivers would be exploration results, corporate deals or financing news.
What is Meyka AI’s view on BLZ.AX stock?
Meyka AI rates BLZ.AX 65.43/100 (B, HOLD) and models a A$0.00350 12-month target. The grade factors fundamentals, sector and forecast data; forecasts are model-based and not guarantees.
Is BLZ.AX stock a value buy based on fundamentals?
BLZ.AX shows a low Price/Book 0.38 and book value per share A$0.00261, but negative earnings and weak cash metrics increase execution risk. It is speculative rather than a clear value buy.
What are the main risks for BLZ.AX stock investors?
Primary risks include very low liquidity, negative cash flow, potential dilution from capital raises, and dependence on exploration success. Small-cap volatility can quickly erode positions without positive news.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
