A$0.08 intraday bounce at Maximus Resources (MXR.AX) ASX 14 Jan 2026: watch A$0.09 resistance

A$0.08 intraday bounce at Maximus Resources (MXR.AX) ASX 14 Jan 2026: watch A$0.09 resistance

The MXR.AX stock is showing an intraday recovery after testing recent support, trading at A$0.08 on the ASX as of 14 Jan 2026. Volume is modest at 370,996 shares versus a 50-day average of 1,536,844, which suggests a short-term bounce rather than broad conviction. Traders should note the company’s EPS -0.01 and PB ratio 1.39, and treat the move as an oversold bounce play that needs clear follow-through above A$0.09 to target higher resistance levels

MXR.AX stock: intraday price and volume snapshot

Maximus Resources (MXR.AX) is trading at A$0.08 on the ASX in intraday trade on 14 Jan 2026. The session range is A$0.08 low and A$0.08 high, with an open at A$0.08. Reported volume is 370,996, against an average volume of 1,536,844, highlighting thin liquidity. Market capitalisation stands at A$33,424,776.00 and shares outstanding are 434,088,000

MXR.AX stock: why an oversold bounce setup fits today

Price sits above the 50-day average A$0.07 and the 200-day average A$0.05, which supports a short-term bounce thesis. MXR.AX stock rose 18.46% over three months and 148.39% over one year, indicating recent momentum but still a volatile base. Low intraday volume versus the 50-day average warns that follow-through must come with stronger participation for a sustained rally

MXR.AX stock: fundamentals, valuation and balance sheet

Maximus Resources operates in Basic Materials, focused on gold, copper and nickel projects in Australia. Latest metrics show EPS -0.01, PE -7.70, and PB 1.39, signaling a small-cap explorer with limited earnings. The company reports a healthy current ratio 3.86 and cash per share A$0.01, with no reported debt. These fundamentals support exploration continuity but imply ongoing funding and execution risk

MXR.AX stock: technical levels, price targets and Meyka AI grade

Immediate support is the year low at A$0.03 and key resistance sits near the year high A$0.09. Short-term targets for an oversold bounce are A$0.09 then A$0.12 if volume expands. Meyka AI rates MXR.AX with a score out of 100: 63.80 (Grade B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These scores are informational and not financial advice

MXR.AX stock: risks, catalysts and a practical trading plan

Key catalysts include exploration results and drill updates that could re-rate the stock. Risks include low liquidity, continued negative EPS, and funding needs. For an oversold bounce strategy we suggest a staged entry with a tight stop under A$0.06 and targets at A$0.09 and A$0.12. Keep position size small given an average daily volume mismatch and the stock’s speculative profile

MXR.AX stock: news sources and further reading

For company releases use the Maximus website and ASX announcements page to confirm drill results and capital raises. Company site source. ASX company page for MXR listings and announcements source

Final Thoughts

Short-term traders can treat MXR.AX stock as an oversold bounce candidate while maintaining strict risk controls. The current quote is A$0.08, but our model comparison uses the reported current price AUD 0.077 for forecasts. Meyka AI’s forecast model projects a 12-month price of A$0.06, a three-year level of A$0.07, and a five-year level of A$0.08. Versus the current price AUD 0.077, that implies an expected 12-month change of -20.55%, a three-year change of -9.69%, and a five-year change of +0.27%. These forecasts are model-based projections and not guarantees. Given the company’s solid current ratio 3.86 but negative earnings, upside from an oversold bounce will likely depend on exploration news and higher volume. We recommend small, disciplined trades, watching for a volume-backed break above A$0.09 as confirmation of a sustainable move. This analysis uses Meyka AI as an AI-powered market analysis platform to frame near-term scenarios and risk controls

FAQs

What is the current price of MXR.AX stock

MXR.AX stock is trading near A$0.08 on the ASX intraday on 14 Jan 2026, with volume 370,996 and a 50-day average of 1,536,844 shares per day

What are the main risks for MXR.AX stock investors

Main risks for MXR.AX stock include low liquidity, negative EPS -0.01, dependency on exploration results, and potential capital raises that may dilute shareholders

What price targets should traders use for MXR.AX stock

For an oversold bounce, traders can use near-term targets of A$0.09 and A$0.12, with a protective stop under A$0.06, adjusted for risk tolerance

How does Meyka AI rate MXR.AX stock

Meyka AI rates MXR.AX with a score out of 100 at 63.80 (Grade B, HOLD), based on benchmark, sector, growth, metrics and consensus factors; not investment advice

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.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *