Why did FHS.AX stock fall 25% pre-market?

The drop reflects thin trading and low liquidity: volume was **67,202.00** versus an average **1,853,250.00**, amplified by negative EPS and a recent C / Sell analyst rating.

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

Meyka AI's forecast model projects **AUD 0.00167** for the year, implying roughly **-44.34%** from the current **AUD 0.00300**. Forecasts are not guarantees.

What valuation metrics matter for Freehill Mining (FHS.AX)?

Key metrics include EPS **-0.01**, PE **-0.30**, price-to-book **0.77**, current ratio **3.12**, and market cap **AUD 10,646,561.00**. They show low valuation and limited profitability.

Should investors buy FHS.AX stock after the fall?

Given the small market cap, low liquidity, negative earnings, and a Meyka AI HOLD grade, new buyers should treat positions as high-risk speculative trades and size positions accordingly.

AU Stocks

FHS.AX stock down 25% pre-market 17 Feb 2026: drivers and outlook

ByHuzaifa Zahoor February 17, 2026

We open pre-market on 17 Feb 2026 with FHS.AX stock down 25.00% after thin trading and negative microdata. The Freehill Mining Limited (FHS.AX) quote shows a last price of AUD 0.003 and volume of 67,202 shares versus an average volume of 1,853,250. The sharp move reflects low liquidity, a negative EPS of -0.01, and tepid market interest in the Basic Materials sector in Australia. We outline the catalysts, valuation metrics, Meyka AI grading, and short-term price targets to help frame risk and opportunity.