Why did WMXCF stock drop so sharply today?

WMXCF stock fell due to extremely low liquidity on PNK, a fall from a previous close of $0.000200 to $0.000001, and underlying financial stress including negative EPS and working capital shortfalls.

What is Meyka AI’s rating for WMXCF stock?

Meyka AI rates WMXCF **56.97/100 (C+)** with a suggestion to HOLD; the grade weighs benchmark and sector comparisons, financial metrics, and forecast uncertainty.

What price target does Meyka AI forecast for WMXCF stock?

Meyka AI's forecast model projects a 12-month base case of $0.000020 for WMXCF stock, implying an upside of about 1,900.00% vs the current $0.000001; forecasts are projections, not guarantees.

What are the main risks for WMXCF stock holders?

Main risks include thin trading liquidity on PNK, negative operating cash flow per share, leverage (debt to equity 1.88), and the possibility of equity dilution if capital needs arise.

US Stocks

WMXCF stock down 99.50% to $0.000001 on PNK 09 Feb 2026: key risks ahead

ByHuzaifa Zahoor February 9, 2026February 9, 2026

We flag WMXCF stock as one of today’s top losers after the PNK-listed Wiluna Mining Corporation Limited fell 99.50% to $0.000001 in regular market hours on 09 Feb 2026. Trading volume reached 399,458 shares as the price collapsed from a previous close of $0.000200. We note the move in the context of thin liquidity, negative EPS of -0.96, and a sector-wide sensitivity to gold price moves. This article explains the drivers, key ratios, Meyka AI grade and a short-term outlook for traders and investors in the United States market (USD)