AUK.AX stock: AuMake (ASX) down 33% intraday 15 Jan 2026: key risk to watch
AUK.AX stock opened sharply lower on 15 Jan 2026 and is trading at A$0.002 intraday, down 33.33% from yesterday’s close on the ASX in Australia. Volume is elevated at 305,608 shares versus an average of 1,365,850, signalling outsized selling pressure. Traders are pricing heightened risk after a string of weak financial metrics and negative returns over 12 months, and the intraday move has pushed the share price back toward its year low A$0.002.
AUK.AX stock price action and drivers
Today AuMake Limited (AUK.AX) fell 33.33% to A$0.002 on the ASX, with the session high and low both at A$0.002, reflecting a sharp re-pricing intraday. The one-day move follows a longer decline of 60.00% over 12 months, which connects to thin liquidity and a low market cap of A$5,318,834, making price jumps more extreme on modest flows.
AUK.AX stock financials and valuation
AuMake reports EPS -0.01 and a negative PE ratio near -0.20, reflecting losses on small revenues. Price-to-sales is 0.13 and price-to-book is 2.14, while current ratio is 1.43, indicating limited short-term cushion. These ratios help explain the steep intraday reaction as investors re-assess valuation versus fundamentals.
AUK.AX stock technicals and trading metrics
Technical indicators show mixed signals for AUK.AX stock: RSI near 54.20 and ADX 34.83 suggest a strong trend but neutral momentum. Average 50-day price A$0.00278 and 200-day price A$0.002995 sit above the current level, flagging short-term weakness versus moving averages. Market participants should note average volume 1,365,850 shares compared with today’s 305,608 shares, reducing immediate liquidity.
AUK.AX stock sector context and market news
AuMake operates in Consumer Cyclical, Department Stores on the ASX in Australia where peers show steadier margins and larger caps. Broader market headlines may weigh on sentiment; see recent Australian market roundup and global market moves source and a related equity market note source.
AUK.AX stock Meyka grade and analyst view
Meyka AI rates AUK.AX with a score out of 100: 60.19/100 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Investors should note the company-level rating from another provider dated 2026-01-14 shows a C with a Sell recommendation, highlighting divergent signals across models.
AUK.AX stock risks, catalysts and upcoming data
Key risks for AUK.AX stock include thin liquidity, negative EPS, and concentrated downside if operating cash flow stays negative; operating cash flow per share is -0.00157. Catalyst to watch is the next earnings announcement on 2026-02-26, which could materially affect sentiment given the company’s small market cap and past volatility. For an ASX stock page and live quote see Meyka AI’s platform Meyka stock page.
Final Thoughts
AUK.AX stock closed the intraday sell-off at A$0.002, down 33.33% on 15 Jan 2026, as investors reacted to weak fundamentals and low liquidity on the ASX in Australia. The company posts EPS -0.01, price-to-sales 0.13, and a current ratio 1.43, which explain why a modest trade can trigger outsized moves. Meyka AI’s forecast model projects a one-year baseline price near A$0.001, implying an approximate -50.00% downside from the current level; upside scenarios to A$0.006 tie back to past highs and require stronger earnings or volume improvements. Forecasts are model-based projections and not guarantees. Traders focused on short-term setups should prioritise liquidity, watch the 2026-02-26 earnings date, and weigh sector peers for comparative valuation.
FAQs
What caused the AUK.AX stock drop today?
The intraday decline to A$0.002 on 15 Jan 2026 reflects thin liquidity and weak fundamentals, including negative EPS -0.01 and low market cap A$5,318,834, prompting outsized selling on the ASX.
What is the Meyka AI forecast for AUK.AX stock?
Meyka AI’s forecast model projects a baseline one-year price near A$0.001, implying roughly -50.00% from the current A$0.002; forecasts are model-based projections and not guarantees.
When is the next AUK.AX earnings announcement?
AuMake’s next earnings announcement is scheduled for 2026-02-26; that report is the primary near-term catalyst likely to move AUK.AX stock given current valuation and trading volumes.
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.
