MMEX Resources (MMEX PNK) down 99% on 12 Feb 2026: liquidity risk ahead

MMEX stock plunged roughly 99.00% to USD 0.000001 during market hours on 12 Feb 2026, making MMEX Resources Corporation (MMEX) one of the top losers on the PNK exchange in the United States. We see the drop tied to extreme microcap illiquidity and thin order books: average volume is 2,191,473 shares versus today’s trade of 4,063,031 shares, while market cap sits near USD 1,114,786. This article breaks down price action, valuation ratios, liquidity risks and a Meyka AI forecast to help traders and investors evaluate MMEX stock