What caused the pre-market drop in QXR.AX stock?

The pre‑market drop to **A$0.004** (‑20.0%) reflects thin liquidity, limited news coverage and positioning ahead of the 12 Mar 2026 earnings report. Low average volume magnifies moves in this small‑cap ASX stock.

What are the key valuation metrics for QXR.AX stock?

QX Resources shows **EPS -0.01**, **PE -0.40**, **PB 2.47**, and price to sales near **179.66**, indicating loss‑making operations and valuation tied to exploration upside rather than revenue.

What price target should investors watch for QXR.AX stock?

Meyka AI’s base case is **A$0.006** in 12 months (about **50.00%** upside). A conservative downside scenario is **A$0.002**. These are model projections, not guarantees.

How does liquidity affect trading QXR.AX stock?

Low float and average volume **2,328,194.00** mean orders can move price sharply. Use limit orders and monitor order book depth on the ASX to manage execution risk.

AU Stocks

QX Resources (QXR.AX ASX) down 20% pre-market 13 Feb 2026: assess earnings risk

ByDanny Kontos February 12, 2026February 12, 2026

The QXR.AX stock price fell 20.0% in pre-market trade on 13 Feb 2026 to A$0.004, signalling a sharp sell-off ahead of the company’s March earnings window. We see heavy relative selling with volume 1,010,245.00 versus average volume 2,328,194.00, and a market capitalisation of A$7,630,640.00 on the ASX in Australia. Short‑term traders should note the stock opened at A$0.005 and previous close was A$0.005. The move ties to thin liquidity, negative earnings metrics and limited near-term catalysts.