Why did WMXCF stock fall so sharply today?

WMXCF stock fell **99.5%** on 02 Mar 2026 mainly due to extreme illiquidity, a low previous close of **$0.000200**, and limited market depth on the PNK exchange. No major news was posted publicly before the collapse, raising trading and listing risk concerns.

What is Meyka AI's view on WMXCF stock performance?

Meyka AI rates WMXCF **57.04 (C+)** with a HOLD suggestion. The model flags negative EPS **-0.96**, tight working capital, and sector exposure, while noting asset value in Australia. This is informational, not advice.

What price targets exist for WMXCF stock?

Meyka AI’s scenarios: conservative **$0.000005** (upside **400.00%**), base-case **$0.000010** (upside **900.00%**), and stressed **$0.0000005** (downside **-50.00%**). These are model projections and not guarantees.

Should I trade WMXCF stock after the drop?

Treat WMXCF stock as highly speculative. Confirm reporting, liquidity, and potential corporate actions. Size any trade small and use stop controls, given the PNK listing and thin volume.

US Stocks

WMXCF Wiluna (PNK) down 99.5% to $0.000001 on 02 Mar 2026: liquidity warning

ByDanny Kontos March 3, 2026March 3, 2026

WMXCF stock plunged 99.5% to $0.000001 on 02 Mar 2026 during market hours, making it one of the top losers on the PNK exchange in the United States. Trading showed 399,458 shares changing hands against a previous close of $0.000200, a collapse tied to extreme illiquidity and weak near-term fundamentals. We examine the price move, balance sheet signals, sector context in gold exploration, and what the Meyka AI forecast implies for investors.