Why did MRQ.AX stock fall 20% today?

MRQ.AX stock fell **20.0%** on 09 Jan 2026 on low liquidity and no major buyer interest. Small‑cap exploration stocks like MRG Metals are volatile; short‑term moves often follow funding or project‑update uncertainty rather than operating results.

What price targets exist for MRQ.AX stock?

Meyka AI’s model gives a one‑year target of **A$0.005** and a three‑year target of **A$0.010**. Those imply **+25.0%** and **+150.0%** from A$0.004. These are model projections and not promises.

What are the main risks for MRQ.AX stock?

Key risks for MRQ.AX stock include project delays in Mozambique, need for further financing, share dilution from capital raises, and commodity price swings. Thin trading can amplify price moves on any update.

When is the next company update for MRQ.AX?

MRG Metals has an earnings announcement scheduled for **12 Mar 2026**. Investors should also monitor company releases on project drilling, financing or licence news prior to that date.

AU Stocks

MRQ.AX stock down 20% at ASX close 09 Jan 2026: key catalysts ahead

ByHuzaifa Zahoor January 9, 2026January 9, 2026

MRQ.AX stock plunged 20.0% to A$0.004 at the ASX close on 09 Jan 2026, ranking it among the day’s top losers on low liquidity. Trading opened at A$0.005 and the session range was A$0.004–A$0.005, with 1,178,651 shares changing hands. The drop follows thin volume and continuing project risk headlines for MRG Metals Ltd (ASX: MRQ.AX). We summarise price action, valuation, Meyka AI grading, and what to watch next as the market closed.