What caused the QEM.AX stock jump after hours on 12 Feb 2026?

The spike was driven by heavy volume of **8,462,244** shares versus a **281,335** average, lifting the price to **A$0.023**. Small market cap and speculative buying can magnify moves rather than new fundamental news.

What are the valuation metrics to watch for QEM.AX stock?

Key metrics: EPS **-0.02**, PE **-0.80**, PB **1.16**, current ratio **5.16**, and cash per share **A$0.01393**. These show weak profitability but reasonable short-term liquidity.

What price targets does Meyka AI give for QEM.AX stock?

Meyka AI's forecast model projects **A$0.02** monthly and **A$0.05** quarterly. Versus **A$0.023** today, that implies about **-13.04%** downside or **+117.39%** upside depending on the scenario.

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

Primary risks are tiny market cap (**A$3.78M**), low liquidity, ongoing negative operating cash flow, sector cyclicality in Energy, and dependence on project development milestones for Julia Creek.

AU Stocks

QEM.AX QEM Limited (ASX) +53.33% after hours 12 Feb 2026: heavy volume signals renewed trader interest

ByDanny Kontos February 12, 2026February 12, 2026

QEM.AX stock rose sharply in after-hours trade on 12 Feb 2026 after volume surged to 8,462,244 shares and the price reached A$0.023. This high-volume move followed an intraday range from A$0.014 to A$0.023, and the stock opened at A$0.015. Traders should note the tiny market cap of A$3.78 million and thin historical liquidity, which amplify both upside and downside on rapid volume spikes. We analyse drivers, technicals, valuation and Meyka AI model forecasts to frame short-term opportunity and risk.