What caused the BSE.AX stock jump on 24 Feb 2026?

No single public catalyst was confirmed. The jump to **A$0.255** appears driven by heavy trading volume (**7.51M** shares) and momentum buying. Watch for project announcements or trading updates from Base Resources as the likely triggers.

What is Meyka AI's short-term forecast for BSE.AX stock?

Meyka AI's forecast model projects **A$0.306** over 12 months, implying roughly **20.00%** upside from **A$0.255**. Forecasts are model outputs and not guaranteed outcomes.

Is BSE.AX stock a buy after this move?

Meyka AI grades BSE.AX **B | HOLD**. The stock shows value metrics and cash generation but carries operational and commodity risks. Traders may trade the momentum; long-term buying needs project and commodity confirmation.

How should traders manage risk on BSE.AX stock given high volume?

Use scaled entries and stop-losses near recent intraday support. Keep positions size-limited due to low free-float and sharp swings. Monitor daily volume and any company announcements closely.

AU Stocks

34.21% surge BSE.AX Base Resources (ASX) after hours 24 Feb 2026: heavy volume

ByDanny Kontos February 24, 2026February 24, 2026

BSE.AX stock led high-volume movers after hours on 24 Feb 2026, rising 34.21% to A$0.255 on 7,511,143 shares traded. The spike pushed price above the 50-day average of A$0.247 and tracked a relative volume of 4.44x versus the 30-day norm. Traders flagged the volume surge on the ASX as a sign of renewed interest in Base Resources Limited (Base Resources, ASX: BSE.AX) amid tight market liquidity for small-cap miners. We review fundamentals, technicals, Meyka AI grading, and realistic price targets for active traders.