WMXCF stock falls 99.50% in market hours 09 Jan 2026: key risk note

WMXCF stock opened market hours on 09 Jan 2026 trading at USD 0.000001 after a 99.50% one-day decline that erased nearly all paper value. We examine Wiluna Mining Corporation Limited (WMXCF) on the PNK exchange in the United States, connect recent price moves to company metrics and liquidity signals, and flag the factors driving the steep selloff for investors monitoring small-cap gold names.

WMXCF stock: immediate price action and volume

WMXCF stock fell 99.50% from a previous close of USD 0.00020 to USD 0.000001 during market hours on 09 Jan 2026. Trading volume reached 399,458 shares, a sharp intraday spike that highlights forced selling and low liquidity on the PNK market in the United States. This move drove market cap to USD 0.00 on the quote snapshot and removed the stock from normal price discovery.

WMXCF stock fundamentals and valuation metrics

Wiluna Mining Corporation Limited (WMXCF) reports trailing EPS of -0.96 and an effectively negative P/E shown as -0.00 in raw data due to losses. Book value per share is 0.20, cash per share is 0.09, and enterprise value is listed near USD 55,587,000.00, reflecting balance sheet leverage and asset claims. Key ratios show a current ratio of 0.31 and debt to equity of 1.88, indicating funding stress relative to assets.

WMXCF stock technicals and risk drivers

With price averages missing for 50- and 200-day horizons, WMXCF stock lacks recent, stable trading history and shows extreme volatility. The company has a working capital deficit of USD -76,392,000.00 and interest coverage of -117.62, which increase refinancing and dilution risk. We view the combination of tiny per-share pricing, low liquidity and elevated leverage as primary drivers for today’s top loser status.

Meyka AI grade and proprietary assessment for WMXCF stock

Meyka AI rates WMXCF with a score of 22 out of 100 (D, SELL). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The low score reflects negative earnings, weak liquidity, high debt ratios and recent extreme price declines. These grades are not guaranteed and we are not financial advisors.

WMXCF stock forecast and price target outlook

Meyka AI’s forecast model projects a 12-month illustrative reference price of USD 0.00050, versus the current USD 0.000001, an implied upside of 49,900.00%. Forecasts are model-based projections and not guarantees. Any recovery to that level would require material operational news, asset sales or capital restructuring given current balance sheet stress.

WMXCF stock catalysts, sector context and investor takeaways

Wiluna Mining operates in the Gold industry inside the Basic Materials sector, where commodity cycles matter. Sector trends can lift junior explorers, but WMXCF stock faces company-specific hurdles including capital needs and negative free cash flow per share of -0.71. Positive catalysts would include a clear financing plan, higher realized gold prices and operational updates from Wiluna Mining Corporation Limited.

Final Thoughts

WMXCF stock is a top loser in market hours on 09 Jan 2026 after a 99.50% drop to USD 0.000001 on PNK in the United States. The decline matches weak fundamentals: EPS -0.96, enterprise value USD 55,587,000.00, and constrained liquidity with 399,458 shares traded. Meyka AI rates WMXCF 22/100 (D, SELL) for poor cash metrics, negative returns and balance-sheet leverage. Our model projects an illustrative price target of USD 0.00050 in 12 months, implying 49,900.00% upside from the trade price, but that outcome requires major operational or financing developments. We recommend monitoring company updates, liquidity events, and any official notices on corporate restructuring before considering exposure. For live quote tracking visit Meyka WMXCF page and view latest market coverage below

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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.