Why did IMI.AX stock jump on 17 Feb 2026?

IMI.AX stock rose on heavy volume after exploration news and sector momentum in basic materials. The intraday volume was **25,570,501**, well above the average, lifting price to **A$0.014**. Small-cap liquidity amplified the move.

What is Meyka AI's short-term forecast for IMI.AX stock?

Meyka AI's forecast model projects a near-term monthly price of **A$0.01** for IMI.AX stock, implying **-28.57%** from A$0.014. Forecasts are model-based projections and not guarantees.

What are the main risks for IMI.AX stock investors?

Key risks for IMI.AX stock include negative earnings (EPS **-A$0.03**), low current ratio **0.26**, potential dilution, and commodity price volatility. Small-cap liquidity can make swings large and swift.

What price targets should traders watch for IMI.AX stock?

Watch short-term support at **A$0.010** (50-day MA) and resistance at the year high **A$0.017**. A risk-adjusted 12-month target of **A$0.025** implies about **+78.57%** upside from current levels.

AU Stocks

IMI.AX Infinity Mining Limited (ASX) up 27.27% on 17 Feb 2026: short-term outlook

ByDanny Kontos February 17, 2026February 17, 2026

At the ASX close on 17 Feb 2026 IMI.AX stock jumped 27.27% to A$0.014, led by a large intraday volume spike of 25,570,501 shares. The move put Infinity Mining Limited (IMI.AX) among the day’s top gainers on the ASX and pushed price above its 50-day average of A$0.01003. Investors reacted to exploration updates and sector flow in basic materials, while low liquidity and a small market capitalisation mean gains can be volatile. We examine the drivers, valuation, technicals and an actionable outlook for traders and investors.