What caused the intraday spike in BSE.AX stock today?

The spike was driven by heavy volume of **7,511,143** shares and momentum above the 50-day average. Market interest in mineral sands pricing and updates on Kwale/Toliara likely amplified trading in BSE.AX stock.

What is Meyka AI’s price forecast for BSE.AX stock?

Meyka AI's forecast model projects **A$0.30598** for BSE.AX stock over 12 months, implying about **20.00%** upside from **A$0.255**. Forecasts are projections and not guarantees.

How is BSE.AX stock valued on key metrics?

BSE.AX stock trades at a price-to-book of **0.82** and shows a free cash flow yield of **10.49%**. EPS is **-A$0.06** and trailing PE is **-4.25**, reflecting a mixed valuation backdrop.

What short-term trading levels should investors watch for BSE.AX stock?

Key intraday levels are support around **A$0.245** and resistance near the year high **A$0.29**. Watch volume and whether the stock holds above the 50-day average **A$0.2469**.

AU Stocks

BSE.AX Base Resources (ASX) up 34.21% intraday on 7.51M shares: monitor A$0.31 target

ByDanny Kontos February 10, 2026February 10, 2026

BSE.AX stock jumped 34.21% intraday to A$0.255 on heavy trading of 7,511,143 shares, marking a sharp surge from yesterday’s close of A$0.190. The move put Base Resources Limited (BSE.AX) on the high-volume movers list on the ASX as traders reacted to improved sentiment for mineral sands and a notable volume gap versus the 1,693,138 average. Intraday range ran A$0.250–A$0.260, with the stock now sitting above its 50-day average of A$0.2469, attracting short-term momentum flows and volatility-sensitive funds.