A$0.005 up 25.00% intraday 16 Jan 2026: Poseidon Nickel POS.AX ASX high volume
POS.AX stock surged to A$0.005 in intraday trade on 16 Jan 2026, rising 25.00% on a heavy volume spike of 52,998,125.00 shares as traders reacted to heightened market interest. This surge put Poseidon Nickel Limited (POS.AX) on the ASX most active list and lifted its market cap to about A$21,255,200.00.
Intraday action for POS.AX stock: price and volume snapshot
POS.AX stock is trading at A$0.005 after opening at A$0.004 and hitting a day high of A$0.005, with a day low of A$0.004. The day’s volume of 52,998,125.00 shares is 16.37 times the average volume of 3,236,855.00, showing outsized intraday interest on the ASX.
Fundamentals and valuation for Poseidon Nickel Limited (POS.AX)
Poseidon Nickel Limited reports EPS of -A$0.01 and a negative PE of -0.33, with a price to book of 0.92 and book value per share of A$0.00544, reflecting junior-miner financials. Market cap stands at A$21,255,200.00 with 4,251,040,000.00 shares outstanding and cash per share near A$0.00036, underlining tight working capital for development.
Technicals and trading metrics for POS.AX stock
Short-term averages sit near recent levels with a 50-day average about A$0.004 and 200-day average about A$0.004, placing the current price modestly above both. Relative volume and the jump from the 1-month change of -9.09% to a YTD move of 25.00% indicate short-term volatility and potential momentum trading in ASX intraday sessions.
Meyka AI rates POS.AX with a score out of 100 and forecast
Meyka AI rates POS.AX with a score out of 100: Score 61.07 | Grade B | Suggestion: HOLD, based on S&P 500 comparison, sector performance, financial growth, key metrics and analyst context. Meyka AI’s forecast model projects A$0.011 over a 12-month horizon, implying an upside of 120.00% from the current A$0.005; forecasts are model-based projections and not guarantees.
Catalysts, risks and sector context for POS.AX stock
Key catalysts include exploration updates, resource re‑estimates and nickel price moves, while risks center on negative earnings, limited cash per share and dilution from capital raises. The Basic Materials sector is up 63.80% over 12 months, but smaller industrial materials names like Poseidon can remain volatile and sensitive to commodity swings.
Trading strategy, liquidity and short-term outlook
High intraday volume makes POS.AX stock tradeable for momentum and speculation but liquidity is uneven despite the surge. Traders should manage position size, expect wide spreads at penny-stock levels and monitor announcements at the ASX and company site for news-driven moves.
Final Thoughts
Intraday action on 16 Jan 2026 put Poseidon Nickel (POS.AX) in the spotlight with a 25.00% jump to A$0.005 and outsized volume of 52,998,125.00 shares, marking it one of the ASX most active names today. Fundamentals show negative EPS of -A$0.01 and a PE of -0.33, while a price to book near 0.92 suggests some balance-sheet value despite operating losses. Meyka AI rates POS.AX 61.07/100 (Grade B, HOLD) and provides a model projection of A$0.011, an implied upside of 120.00% from today’s price; this projection is a model estimate and not a guarantee. For traders, the combination of low base price, spiking volume and Basic Materials sector strength offers both short-term trading opportunities and long-term execution risk tied to exploration outcomes and funding. Monitor the company site and ASX announcements for updates and treat positions as high-risk, using tight risk controls. For more real-time metrics and signals visit the Meyka AI POS.AX stock page and company filings linked below.
FAQs
What drove today’s move in POS.AX stock?
Today’s move was driven by a volume surge to 52,998,125.00 shares and intraday buying that pushed the price to A$0.005, likely from short-term traders reacting to sector momentum and speculative flows.
How does Meyka AI view POS.AX stock?
Meyka AI rates POS.AX 61.07/100 (Grade B, HOLD), factoring sector comparison, growth metrics and key ratios, and the platform projects A$0.011 over 12 months as a model estimate.
Is POS.AX stock a liquid trade for investors?
Liquidity is episodic: today’s volume was 52,998,125.00, well above the average 3,236,855.00, but typical sessions can show thin depth, wide spreads and high volatility.
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.
