What is the current price and volume for DEG.AX stock?

DEG.AX stock trades at **A$2.46** pre-market on 12 Mar 2026 with volume at **137,596,438** shares, far above the average of **15,830,378** shares, indicating strong intraday activity.

What target does Meyka AI give for DEG.AX stock?

Meyka AI's forecast model projects **A$2.79** in 12 months and **A$3.85** in three years. The 12-month implied upside from A$2.46 is about **13.32%**. Forecasts are model-based projections and not guarantees.

What are the main risks for investors in De Grey Mining (DEG.AX)?

Key risks include exploration results that miss expectations, potential equity dilution to fund development, and swings in the gold price that affect valuation and project economics.

How does De Grey’s balance sheet look for near-term funding?

De Grey shows strong liquidity with **cash per share A$0.47** and a current ratio of **30.52**, but free cash flow is negative due to ongoing exploration and capex needs.

AU Stocks

DEG.AX De Grey Mining ASX pre-market 12 Mar 2026: A$2.46, heavy volume

ByHuzaifa Zahoor March 11, 2026March 11, 2026

The most active ASX name pre-market is DEG.AX stock, trading at A$2.46 on 12 Mar 2026 after an A$0.22 drop from yesterday’s close. Volume is extremely high at 137,596,438 shares versus an average of 15,830,378, pushing relative volume to 8.69 and drawing trader attention. De Grey Mining Limited (ASX: DEG.AX) remains in the spotlight for its Mallina gold project in Western Australia. This Meyka AI-powered market analysis platform update links daily flow to company metrics and gives a model-based price outlook for investors and traders.