What drove FAU.AX stock’s 27% gain on 04 Feb 2026?

The gain was driven by heavy buying and a volume spike to 18,789,407 shares versus average 4,575,939. Retail interest and low free float amplified the move; no major public news was required for the microcap rally.

What is Meyka AI’s rating for FAU.AX stock?

Meyka AI rates FAU.AX **63.61 out of 100 (Grade B, HOLD)**. The score considers benchmarks, sector, financial growth, key metrics and analyst signals. This is informational, not financial advice.

What price targets and forecasts exist for FAU.AX stock?

Meyka AI’s model projects yearly **A$0.01166**, 3‑year **A$0.02162** and 5‑year **A$0.03153**. Versus the current **A$0.014**, that implies a 3‑year upside of **+54.45%** and 5‑year upside of **+125.24%**. Forecasts are model-based projections and not guarantees.

What are the key risks for First Au Limited (FAU.AX)?

Key risks include continued negative earnings (EPS **-0.01**), thin liquidity outside spike days, reliance on exploration outcomes, and high valuation ratios relative to reported cashflow metrics.

AU Stocks

FAU.AX First Au Limited ASX +27% 04 Feb 2026: market closed, volume spike

ByHuzaifa Zahoor February 4, 2026

FAU.AX stock led ASX microcap movers on 04 Feb 2026, closing at A$0.014 after a 27.27% gain and a volume surge to 18,789,407 shares. We track the move as a top gainer in Australia’s basic materials sector, driven by renewed retail interest and low free float dynamics. This update explains the price drivers, relevant ratios, technical setup and Meyka AI’s forecast comparisons so investors can judge short-term momentum and medium-term potential.