DEG.AX De Grey Mining ASX falls 8.21% to A$2.46 on 25 Feb 2026: volume surge

The DEG.AX stock price dropped 8.21% to A$2.46 at market close on 25 Feb 2026, driven by a large intraday volume spike of 137,596,438 shares versus an average volume of 15,830,378. Today’s action makes De Grey Mining Limited (DEG.AX) one of the ASX’s most active names as traders re-price exposure to its Pilbara Mallina gold assets. We track price drivers, valuation metrics and Meyka AI’s model forecasts to show where risk and opportunity sit for ASX investors in Australia.