Why did TGN.AX stock fall pre-market today?

TGN.AX stock fell pre-market after a low third-party rating and heavy selling pushed volume to **7,777,088.00** shares. Sector weakness and near-term liquidity concerns amplified the move. Corporate updates and the upcoming **02 Mar 2026** earnings may explain continued volatility.

What is Meyka AI’s view on TGN.AX stock?

Meyka AI rates TGN.AX **61.60/100** (Grade B, HOLD). The model balances weak short-term fundamentals and strong longer-term forecast potential. Meyka AI’s projections include a yearly **A$0.2199** and a 3-year **A$0.35426**, but forecasts are not guarantees.

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

Main risks include tight liquidity (current ratio **0.56**), negative cash flow per share, high PB ratio (**10.09**), and commodity price exposure for tungsten. Equity dilution and exploratory setbacks are additional downside triggers.

What price targets should investors watch for TGN.AX stock?

Near-term technical support sits around **A$0.18–A$0.22**; Meyka AI’s 12‑month model projects **A$0.2199** (implied **-12.04%**), while a 3-year projection is **A$0.35426** (implied **+41.70%**). Targets depend on newsflow and commodity trends.

AU Stocks

TGN.AX stock down 27.54% pre-market 06 Feb 2026: high volume raises liquidity risk

ByDanny Kontos February 5, 2026February 5, 2026

TGN.AX stock plunged 27.54% pre-market on 06 Feb 2026 to A$0.25, driven by heavy selling and a spike in volume to 7,777,088.00 shares. This move makes Tungsten Mining NL (TGN.AX) one of the top pre-market losers on the ASX and raises short-term liquidity and valuation questions for investors. We examine trading data, drivers, technicals, and what Meyka AI’s grade and forecasts imply for the stock.