What is the current MEK.AX stock price and volume?

MEK.AX stock is trading pre-market at **A$0.16** with volume of **49,898,656.00** shares, about **5.04x** the 20-day average, marking it as highly active.

What price targets and forecast exist for MEK.AX stock?

Meyka AI's forecast model projects **A$0.24** (monthly), **A$0.30** (quarter) and **A$0.38** (12 months). These imply 50.00% and 137.50% upside versus the current A$0.16 price; forecasts are projections not guarantees.

How does Meyka AI rate MEK.AX stock?

Meyka AI rates MEK.AX with a score out of 100 at **67.14**, Grade **B** with a **HOLD** suggestion. The grade factors benchmark, sector, growth, metrics and analyst signals.

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

Key risks include negative free cash flow **A$-77.50M**, large capex, rapid share count growth **+91.29% YoY**, and gold price volatility which can hurt MEK.AX stock performance.

AU Stocks

Pre-market MEK.AX Meeka Metals ASX A$0.16 on 49.90M vol 21 Mar 2026: Key support A$0.15

ByHuzaifa Zahoor March 21, 2026March 21, 2026

MEK.AX stock opened pre-market at A$0.16 on 49,898,656.00 shares, roughly 5.04x its 20-day average volume, making it one of the most active ASX names this morning. The jump in trade activity follows steady fundamentals: market cap A$471.34M, EPS A$0.01, and a trailing P/E of 16.06. Traders should note the 50-day average at A$0.23 and the year high at A$0.31, while technicals show oversold conditions. We examine valuation, flows, Meyka AI grading and near-term targets for ASX-listed Meeka Metals Limited