Why did GTE.AX stock spike intraday today?

GTE.AX stock rose **33.33%** on 04 Feb 2026 driven by heavy volume (**4,529,914** shares) and sector strength. Market participants likely rotated into explorers; specific assay or corporate updates may be needed to sustain gains.

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

Key metrics: market cap **A$13.63M**, EPS **-0.01**, PE **-2.40**, PB **1.03**, book value per share **A$0.02325**. These reflect an exploration-stage company with limited earnings.

What does Meyka AI forecast for GTE.AX stock?

Meyka AI's forecast model projects **A$0.020** near term. Versus today’s **A$0.024**, that implies an implied downside of **-16.67%**. Forecasts are model-based projections and not guarantees.

How should investors approach GTE.AX stock given today’s move?

Treat GTE.AX stock as high volatility, speculative exposure. Use tight position sizing, watch for confirmatory news or assays, and consider the Meyka AI HOLD grade and scenario targets before increasing positions.

AU Stocks

Up 33%: GTE.AX Great Western Exploration (ASX) intraday top gainer 04 Feb 2026

ByHuzaifa Zahoor February 4, 2026

GTE.AX stock led ASX small-caps intraday, rising 33.33% to A$0.024 on 04 Feb 2026. Great Western Exploration Limited (GTE.AX) traded between A$0.019 and A$0.024 on the session, with 4,529,914 shares changing hands versus an average of 721,222. The move places GTE.AX among today’s top gainers on the ASX and follows sector-wide strength in Basic Materials. We use Meyka AI’s real-time tools to link the price reaction to volume, fundamentals, and the forecast outlook for ASX-listed GTE.AX stock.