Why did WMXCF stock drop 99.5% today?

The collapse to **$0.000001** reflects very low quoted price, heavy sell volume of **399,458**, and liquidity strain. Microcap quote compression and execution uncertainty often cause steep percentage moves independently of immediate news.

Is WMXCF stock a buy after the crash?

WMXCF stock remains high risk due to negative EPS (**-0.96**), low current ratio (**0.31**), and funding needs. Our Meyka AI grade is **C+ HOLD**. Investors should expect potential dilution and limited liquidity.

What are realistic price targets for WMXCF stock?

Scenario targets: bear **$0.000001**, base **$0.000100**, bullish **$0.001000**. Targets depend on capital raises, operational updates, and improved market liquidity. These are illustrative, not guarantees.

Where can I find official Wiluna Mining filings for WMXCF stock?

Check Wiluna Mining’s investor pages and regulatory filings on its corporate site and authorized exchanges. The company website posts updates and contact details for investor inquiries [source](https://www.wilunamining.com.au).

US Stocks

WMXCF stock down 99.5% on 23 Feb 2026: near-zero price signals severe liquidity risk

ByHuzaifa Zahoor February 23, 2026February 23, 2026

WMXCF stock opened the U.S. PNK market on 23 Feb 2026 at $0.000001, down 99.5% from yesterday. The steep drop follows thin trading and a tiny quoted price that leaves market makers and retail holders exposed. Wiluna Mining Corporation Limited (WMXCF) is listed on PNK in the United States and reports Australian operations in USD terms for U.S. investors. Volume reached 399,458 shares as sellers dominated the tape. This note explains the drivers, key metrics, Meyka AI grading, and a short outlook for WMXCF stock.