What drove the 50.00% jump in HLX.AX stock today?

The jump reflects renewed speculative interest in Helix’s exploration projects, increased volume (7,500,000 shares) and comparative media coverage; there was no concurrent ASX announcement. Small-cap miners often move on visibility and peer momentum rather than immediate fundamentals.

What is the Meyka AI price target for HLX.AX stock?

Meyka AI's forecast model projects a 12-month base-case target of A$0.0030 for HLX.AX, implying about **100.00%** upside from A$0.0015. Forecasts are model-based projections and not guarantees.

How does Helix Resources’ valuation look for investors?

Helix shows negative earnings with a book value per share of A$0.00498 and a price-to-book near 0.30. Valuation is driven by asset potential rather than revenue, so investor returns depend on exploration success and liquidity.

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HLX.AX Helix Resources (ASX) up 50.00% on 09 Feb 2026: what next for A$0.0015

ByDanny Kontos February 9, 2026February 9, 2026

HLX.AX stock climbed 50.00% to A$0.0015 at the ASX close on 09 Feb 2026, making it one of today’s top gainers. Trading volume reached 7,500,000 shares, close to the 50-day average, and pushed the market cap to roughly A$8,019,436. Investors moved into the small-cap miner after fresh activity around its Collerina and Rochford projects and broader sector swings in Basic Materials. Below we break down the drivers, the company’s key metrics, the Meyka AI grade and a realistic price outlook for HLX.AX stock