EMS.AX Eastern Metals ASX drops 50% on volume spike 12 Jan 2026: analyst view
EMS.AX stock moved sharply on 12 Jan 2026, sliding 50.20% to A$0.00996 on the ASX after an intraday volume spike. The move outpaced the Basic Materials sector, which is up 53.58% YTD, and follows thin market depth for Eastern Metals Limited (EMS.AX). We review drivers, key metrics and short-term price targets to frame trading and risk.
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