Why did ODE.AX spike today

ODE.AX rose 35.71% on 05 Jan 2026 amid a volume surge of 11,293,943 shares and a technical breakout above its 50-day average. No company announcement was in the feeds we checked; the move looks driven by retail buying and sector momentum.

What are the main valuation metrics for Odessa Minerals

Key metrics: price A$0.019, market cap A$25,567,988.00, EPS -A$0.01, PE -1.50, PB 3.74, price averages 50-day A$0.01234 and 200-day A$0.00831. These reflect a micro-cap explorer with negative earnings.

What does Meyka AI forecast for ODE.AX

Meyka AI's forecast model projects A$0.00835 in 12 months (implying -56.08%), A$0.01523 in 3 years (-19.87%), A$0.02210 in 5 years (+16.29%) and A$0.03489 in 7 years (+83.63%). Forecasts are model-based projections and not guarantees.

Is ODE.AX a buy after today’s gain

Meyka AI assigns a B+ grade with a BUY suggestion based on momentum and forecast inputs, but ODE.AX carries exploration risk, negative earnings, and liquidity constraints. Investors should do their own research and manage position size.

AU Stocks

ODE.AX up 35.71% to A$0.019 on 05 Jan 2026 ASX close: volume surge and outlook

ByHuzaifa Zahoor January 5, 2026January 5, 2026

ODE.AX jumped 35.71% to A$0.019 on 05 Jan 2026 at the ASX close, supported by an intraday volume spike of 11,293,943 shares. Odessa Minerals Limited (ODE.AX) trades on the ASX in Australia and closed well above its 50-day average of A$0.01234 and 200-day average of A$0.00831. There were no company-specific announcements in our feed; the move appears tied to heavy retail interest and a technical breakout. This piece reviews the price action, key metrics, risks, and Meyka AI model forecasts for investors looking at ODE.AX stock.