A$0.035 NTU.AX Northern Minerals (ASX): intraday most active with 69.69M volume
NTU.AX stock trades at A$0.035 on the ASX on 28 Jan 2026 with heavy intraday activity as volume hits 69,694,299 shares. This surge makes Northern Minerals Limited (NTU.AX) one of the most active names on the ASX intraday tape. Traders are watching the Browns Range rare earths project updates and relative strength versus a 50-day average of A$0.03216. We flag short-term momentum, liquidity, and the company’s financials as drivers of today’s move.
Intraday snapshot: NTU.AX stock performance
Price action is down -2.78% for the session to A$0.035 with a day range A$0.033–A$0.036. Volume at 69,694,299 is about 2.10x the average of 33,552,604, which explains NTU.AX’s listing among the most active ASX names.
High volume and a YTD gain of 12.90% (and 1-year change 75.00%) show active trading interest and short-term volatility around project news and sector flows.
Why volume is driving NTU.AX stock trading
The large intraday volume suggests position turnover by traders reacting to project and sector headlines rather than new fundamental releases. Market participants often trade rare earth names on supply news and pilot plant updates.
NTU.AX’s relative volume of 2.10 and on‑book activity amplify price moves and widen spreads, making intraday liquidity attractive for active traders but increasing short-term risk for longer-term investors.
Financials and valuation: NTU.AX analysis
Northern Minerals (NTU.AX) reports EPS -0.01 and a trailing PE shown as -3.50, reflecting losses. Market capitalisation stands at A$283,356,897.00 with 8,095,911,333 shares outstanding.
Key ratios point to stretched valuation metrics: PB 172.47 and P/S 196.31, while the current ratio is 1.17 and debt to equity is 9.35, which highlights balance sheet leverage and low revenue base versus market cap.
Technical view and sector context for NTU.AX stock
Momentum indicators show mixed signals: RSI 50.90, MFI 87.29 (overbought), and ADX 14.39 (no clear trend). The 50-day average is A$0.03216 and the 200-day average is A$0.03486, putting the current price near long-term average.
Basic Materials sector performance has outperformed YTD in parts, but industrial materials peers trade with higher liquidity and healthier margins, making NTU.AX a speculative, higher-volatility play within the sector.
Meyka AI rates NTU.AX with a score out of 100: grade and model forecast
Meyka AI rates NTU.AX with a score out of 100: 59.42 / 100 (Grade C+) — Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Meyka AI’s forecast model projects a yearly price of A$0.04218 and a quarterly target of A$0.05. Versus the current A$0.035, the 12-month projection implies +20.52% upside while the 3-month model implies +42.86% upside to A$0.05. Forecasts are model-based projections and not guarantees.
Risks and catalysts affecting NTU.AX stock outlook
Catalysts include Browns Range updates, dysprosium offtake progress, pilot plant throughput, and any funding news. Positive operational news could push liquidity and price higher quickly.
Primary risks are weak revenues, negative EPS, elevated valuation ratios, and sector commodity swings. Also note the company’s next earnings announcement is scheduled for 12 Mar 2026, which could trigger fresh volatility.
Final Thoughts
NTU.AX stock is one of the ASX’s most active plays intraday on 28 Jan 2026 as traders digest operational updates and sector flows. At A$0.035, the stock sits near its 200‑day average with outsized volume at 69,694,299 shares and a market cap of A$283,356,897.00. Meyka AI’s model projects a 12‑month level of A$0.04218 (implied upside +20.52%) and a 3‑month target of A$0.05 (implied +42.86%). Our grade of C+ (HOLD) reflects mixed growth signals, stretched valuation multiples, and operational dependency on Browns Range progress. Active traders may find intraday liquidity and momentum attractive, while longer-term investors should monitor earnings on 12 Mar 2026, balance-sheet moves, and any binding offtake agreements. For live order flow and streaming updates, see NTU.AX on Meyka and follow company releases closely. Forecasts are model-based projections and not guarantees.
FAQs
What is the current NTU.AX stock price and volume today?
NTU.AX stock trades at A$0.035 intraday on 28 Jan 2026 with volume of 69,694,299 shares, roughly 2.10x the average daily volume. High volume is driving today’s most active status on the ASX.
What price targets does Meyka AI give for NTU.AX stock?
Meyka AI’s forecast model lists a quarterly target of A$0.05 and a 12‑month projection of A$0.04218, implying upside of +42.86% and +20.52% respectively versus A$0.035. Forecasts are model-based and not guarantees.
What are the main risks for investors in NTU.AX stock?
Main risks include continued negative EPS (-0.01), elevated valuation ratios (PB 172.47), low revenues, leverage (debt/equity 9.35), and commodity/operational setbacks at Browns Range that could reduce investor confidence.
When is the next NTU.AX earnings announcement?
Northern Minerals (NTU.AX) has an earnings announcement scheduled for 12 Mar 2026. Results and guidance on that date may drive fresh intraday volume and price 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.
