Why did MMR.AX stock jump on 26 Feb 2026?

MMR.AX stock rose **66.67%** mainly due to a volume surge of **3,103,078** shares and renewed speculative interest in small-cap energy explorers. No major public corporate statement was recorded; traders likely reacted to sector flows and positioning.

What is Meyka AI’s forecast for MMR.AX stock?

Meyka AI's forecast model projects a monthly target of **A$0.010** and a 12-month target of **A$0.00631**. Versus the current **A$0.005**, those imply about **+100.00%** and **+26.20%** upside respectively. Forecasts are projections, not guarantees.

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

Key risks include low liquidity, negative EPS (**-0.001**), permit outcome uncertainty and sensitivity to oil and gas sentiment. The large share base (**1,871,989,850**) means price moves can be sharp and volatile.

How does MMR.AX stock score on Meyka AI’s grading system?

Meyka AI rates MMR.AX **66.66 / 100**, Grade **B**, suggestion **HOLD**. The grade blends benchmark, sector, growth, key metrics and analyst inputs. This is informational, not investment advice.

AU Stocks

MMR.AX stock up 66.67% to A$0.005 on 26 Feb 2026: forecast shows upside

ByDanny Kontos February 26, 2026February 26, 2026

MMR.AX stock led ASX gainers on 26 Feb 2026, rising 66.67% to A$0.005 at the close after heavy trading volume. MEC Resources Limited (MMR.AX) on the ASX saw 3,103,078 shares change hands, up from a prior close of A$0.003. The move followed renewed interest in small-cap energy exploration and a tighter share register after recent corporate actions. We use Meyka AI’s real-time signals and sector context to explain the jump and what it means for short-term traders and longer-term investors on the ASX in Australia.