What caused the HLX.AX stock rise today?

The intraday rise in HLX.AX stock to A$0.0015 appears driven by heavy trading volume and short‑term buying pressure rather than a specific corporate release. Low float and microcap structure often amplify such moves.

What are the key financials to watch for HLX.AX stock?

Monitor book value per share (A$0.00498), current ratio **1.28**, price/book **0.30**, cash per share and any changes to capital structure. Negative operating cash flow and potential dilution are key risks.

What is Meyka AI's view on HLX.AX stock forecast?

Meyka AI's forecast model projects a 12‑month base target of **A$0.00280**, implying **+86.67%** upside from A$0.0015. These are model projections and not guarantees.

Should I trade HLX.AX stock now?

Trading HLX.AX stock suits experienced, risk‑tolerant traders. The stock is highly volatile, has low market cap and limited liquidity. Use tight risk controls and monitor the 12 Mar 2026 company announcement.

AU Stocks

HLX.AX stock up 50.00% intraday on ASX 07 Feb 2026: key levels at A$0.0015

ByDanny Kontos February 7, 2026February 7, 2026

HLX.AX stock is trading at A$0.0015 after an intraday rise of 50.00% on the ASX on 07 Feb 2026. The move follows heavy volume of 7,500,000 shares and a jump from an open of A$0.0010. This article reviews price drivers, key financial ratios, technical signals and our model-based outlook for Helix Resources Limited (HLX.AX stock) on the ASX in Australia.