What is the latest price and volume for MGU.AX stock?

MGU.AX stock closed at **A$0.005** on 11 Mar 2026. Volume was **58,049,291** shares, above the 50-day average volume of **7,937,701** shares, signalling strong intraday activity.

What valuation metrics matter for MGU.AX stock?

Key metrics: EPS **-0.01**, PE **-0.60**, PB **0.46**, book value per share **A$0.01298**, and market cap about **A$19,278,223.00**. These show a deeply subscale explorer with negative earnings.

What price target does Meyka AI model give for MGU.AX stock?

Meyka AI's forecast model projects **A$0.01200** in 12 months, implying **140.00%** upside versus **A$0.005**. Forecasts are model-based projections and not guarantees.

What are the main risks for MGU.AX stock?

Primary risks are funding shortfalls, negative exploration results, and thin liquidity. The company relies on project-level success and deal completion for re-rating of the stock.

AU Stocks

MGU.AX closed A$0.005 on 11 Mar 2026 (ASX) Market Closed: active stock outlook

ByDanny Kontos March 11, 2026

The MGU.AX stock closed at A$0.005 on 11 Mar 2026 as the ASX session finished. Trading saw 58,049,291 shares change hands, well above the 7,937,701 average. The price stayed in a tight intraday band between A$0.004 and A$0.006. Investors are watching Magnum Mining and Exploration Limited for project updates and liquidity signals. This article reviews trading activity, valuation metrics and catalysts, and gives a model-based forecast and price target for the MGU.AX stock