Tempest Minerals (TEM.AX ASX) at A$0.006 22 Jan 2026: model flags 66.67% upside

TEM.AX stock closed at A$0.006 on the ASX on 22 Jan 2026, down 14.29% on the day as liquidity remained thin with volume at 1,070,000.00 shares. Tempest Minerals Limited (TEM.AX) is an Australia-based explorer focused on copper, gold, lithium and industrial metals, trading with a market cap of A$7,713,134.00. The company’s pair of short-term averages sits near the current price and the year high is A$0.012, which frames the near-term range for traders and investors. Below we analyse fundamentals, technicals, a Meyka forecast and realistic price targets for TEM.AX stock

TEM.AX stock snapshot and recent price action

Tempest Minerals Limited (TEM.AX) ended the session at A$0.006, down 0.001 (14.29%). The intraday range was A$0.006–A$0.007 with a 3‑month decline of 41.67% and a 1‑year gain of 40.00%. Shares outstanding are 1,101,876,292.00, which keeps market cap low at A$7,713,134.00 and makes the stock sensitive to small capital moves.

Trading liquidity is weak: average daily volume is 2,004,267.00 versus today’s 1,070,000.00, and relative volume is 0.15, so price swings can be amplified by small trades. The company trades on the ASX in Australia and remains exploration-focused, not revenue-generating at scale.

TEM.AX stock financials, ratios and balance sheet signals

Key metrics show exploration-stage dynamics: EPS is -0.002, reported PE -3.50, and price‑to‑book is 0.39. Book value per share is A$0.01793 and cash per share is A$0.00280, giving a current ratio of 4.91, which indicates short-term liquidity coverage.

Operating cash flow per share is -0.00136 and free cash flow per share is -0.00471, implying ongoing funding needs. The price‑to‑sales ratio is extreme at 171.11, reflecting minimal sales. These figures point to capital dependence for continued exploration and development.

Meyka AI rates TEM.AX with a score out of 100 and forecast

Meyka AI rates TEM.AX with a score out of 100: 63.62/100, Grade B, Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector comparison, industry metrics, financial growth, key ratios, forecasts and analyst signals. Grades are not guarantees and we are not financial advisers.

Meyka AI’s forecast model projects a short-term target of A$0.01 (monthly/quarterly). Against the current price of A$0.006, that implies an estimated upside of 66.67%. Forecasts are model-based projections and not guarantees. Use this alongside company updates and drill results for timing.

TEM.AX stock technicals and trading indicators

Technical indicators are mixed: RSI is 50.69 (neutral), ADX 36.56 (strong trend), and MFI 95.96 (overbought signal). Bollinger bands center at A$0.01, and the 50‑day average sits at A$0.00692 with the 200‑day at A$0.00651.

Volatility and on‑balance volume show limited momentum: OBV is -6,021,295.00 and relative volume is low. These metrics suggest traders should expect sudden moves on news or funding announcements.

TEM.AX stock risks, catalysts and sector context

Primary risks are funding dilution, exploration failure and low liquidity. With shares outstanding at 1,101,876,292.00, any capital raise can compress current holders. The company’s EPS trend and negative operating cash flow point to ongoing financing needs.

Opportunities include successful assays at the Meleya project and rising commodity prices in the Basic Materials sector. The Basic Materials sector has shown strong 1‑year performance (about 65.38%), which can lift exploration stocks selectively. Monitor drill results, JV announcements and commodity trends for catalysts.

TEM.AX stock price targets and analyst view

There is limited sell‑side coverage and no formal consensus price target. Based on Meyka modelling and comparable exploration multiples, realistic near‑term targets are: conservative A$0.01, base A$0.01, and upside case A$0.02 if commercial results follow. A downside scenario to A$0.004 assumes dilution or negative drill outcomes.

These targets reflect the exploration profile, low market cap A$7,713,134.00, and the stock’s sensitivity to funding and news flow. Position sizing and stop rules are important for investors in TEM.AX stock.

Final Thoughts

TEM.AX stock sits at the intersection of exploration opportunity and capital risk. At A$0.006 on 22 Jan 2026, Tempest Minerals shows clear funding and liquidity constraints but also scope for re‑rating if exploration results validate resource potential. Meyka AI’s model projects A$0.01 as a realistic near-term target, implying 66.67% upside from the close. Our Meyka grade is 63.62/100 (B, HOLD), reflecting mixed fundamentals, positive sector tailwinds and the high volatility typical of small ASX explorers. Investors should weigh the low market cap A$7,713,134.00, large share base (1,101,876,292.00) and negative free cash flow against potential catalysts like drill results at Meleya. For active traders, watch liquidity and volume spikes; for longer-term investors, require clear technical success and financing plans before adding to exposure. Forecasts are model-based projections and not guarantees, and this analysis should be combined with company announcements and independent due diligence. For our live data and ongoing TEM.AX stock updates visit the company site or our Meyka AI stock page

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.