A$0.008 TEM.AX stock (ASX) intraday: 14.29% jump on 12 Mar 2026, watch Meleya upside

Intraday price action shows TEM.AX stock at A$0.008 on 12 Mar 2026, up 14.29% from the prior close. Volume is thin at 14 shares versus a 50-day average of 2,378,239. The move follows continued interest in the Meleya project and sector recovery in Basic Materials. We break down catalysts, financials, and short-term forecasts for traders on the ASX.

TEM.AX stock market snapshot and intraday move

Price action today is A$0.008, a +14.29% intraday gain on the ASX. The stock opened at A$0.008 and traded between A$0.008 and A$0.008. Volume is 14 shares versus an average volume of 2,378,239. Low liquidity amplifies short-term moves and raises execution risk for large orders.

Company profile and near-term catalysts for TEM.AX stock

Tempest Minerals Limited (TEM.AX) explores copper, gold, lithium and base metals in Western Australia. The flagship Meleya project remains the primary near-term catalyst. Management updates or positive drill results typically trigger sharper moves given the company’s small market cap of A$8,815,010.00. Monitor company releases and ASX announcements closely for drill or JV news.

TEM.AX stock financials and valuation metrics

Trailing EPS is -0.002 and reported PE shows -4.00, reflecting negative earnings. Book value per share is 0.01793 and price-to-book sits at 0.44. The company has 1,101,876,292 shares outstanding and enterprise value around A$7,032,461.00. Current ratio is 4.91, and cash per share equals 0.00280, indicating short-term liquidity but ongoing cash burn.

Technicals and trading signals for TEM.AX stock

Momentum indicators show RSI at 65.77 and CCI at 115.20, suggesting near-term strength. The 50-day average price is 0.00679 and the 200-day average is 0.00693. OBV reads 30,578,423, but the day’s traded volume is only 14. Thin liquidity skews technical signals and widens bid-ask spreads for intraday traders.

Meyka AI grade, forecast and TEM.AX stock outlook

Meyka AI rates TEM.AX with a score out of 100 as 63.77 (Grade B, Suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly price of A$0.01000. Versus the current A$0.00800, that implies an upside of 25.00%. Forecasts are model-based projections and not guarantees. See market comparison on Investing.com and our Meyka TEM.AX page for live updates.

Risks, liquidity and strategy for traders in TEM.AX stock

Primary risks are very low liquidity, continued losses, and dilution risk from capital raising. The stock’s average volume and market cap make it vulnerable to price swings on small orders. For traders, size positions conservatively and use limit orders. For investors, wait for clearer drill results or financing clarity before increasing exposure.

Final Thoughts

Key takeaways on TEM.AX stock: the intraday price sits at A$0.00800 on 12 Mar 2026, with a +14.29% move on extremely low volume. Financials show negative EPS and a low price-to-book of 0.44, supporting a value lens but confirming operational losses. Technicals indicate short-term strength, but thin liquidity raises execution risk. Meyka AI’s model projects A$0.01000 as a near-term target, implying 25.00% upside versus the current price. Conservative price target is A$0.01200 (implied 50.00% upside); a bull scenario target is A$0.02000 (implied 150.00% upside). These targets reflect volatility, sector tailwinds for Basic Materials in Australia, and limited coverage. Forecasts are model-based projections and not guarantees. Use tight risk controls and monitor ASX updates and company statements via the provided sources for trade triggers. Meyka AI is the AI-powered market analysis platform that supplies this data-driven view.

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Disclaimer:

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.