Why is Meteoric Resources NL (ASX: MEI.AX) stock down today?

MEI.AX on the ASX is down -4.26% at $0.23 today, with price action that suggests selling interest.

What moved Meteoric Resources NL (ASX: MEI.AX) stock today?

Today's move in MEI.AX on the ASX came alongside volume +10.17% above average and a day range of $0.23–$0.23.

How much did Meteoric Resources NL's (ASX: MEI.AX) volume change today?

MEI.AX's volume on the ASX was 15.87M, +10.17% above its average.

Is Meteoric Resources NL (ASX: MEI.AX) breaking a resistance level?

MEI.AX on the ASX is trading above its 50-day MA ($0.20) and above its 200-day MA ($0.19), which points to short-term and long-term strength.

Why Is Meteoric Resources NL (ASX: MEI.AX) Stock Up Today?

Live update on MEI.AX's movement on the ASX, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

MEI.AX●ASX

Basic MaterialsOther Precious Metals

$0.23

$0.010(4.26%)

Australian Market opens in 5h 57m

MEI.AX is Down -4.26% today

You might want to check out Why is MEI.AX Down Today?

Meteoric Resources NL (ASX: MEI.AX) Update

Volume

15.87M

↑ 10.00%

Open / Previous Close

$0.23 / $0.24

Day Range (Low / High)

$0.23 - $0.24

Meteoric Resources NL (ASX: MEI.AX) Summary

Meteoric Resources NL (ASX: MEI.AX) is trading down -4.26% at $0.23, reflecting a negative shift in investor sentiment today. The stock opened at $0.23 and has moved between $0.23 and $0.24 so far.

Trading volume is 15870274, which is 10% above its average, and the price action suggests selling interest.

Technically, MEI.AX on the ASX is trading above its 50-day moving average of $0.20 and above its 200-day moving average of $0.19, indicating short-term and long-term strength.

Meyka's AI assigns MEI.AX a grade of C (Overall fair), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +2.22% in 1 month ($0.23), -22.19% in 1 year ($0.18), and -11.11% in 5 years ($0.20).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the ASX.
Stay informed and make better investment decisions.

MEI.AX (ASX) Technical Signals

Trading over 50-day moving average ($0.20)

Trading over 200-day moving average ($0.19)

Analyst Recommendations data is not available for MEI.AXAnalyst Recommendations details for MEI.AX are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$0.23

1 Year

$0.18

3 Years

$0.19

5 Years

$0.20

C+

Normal59.00

Is this change significant?

5-Day:-8.00%

1-Month:+21.05%

3-Month:+27.78%

What's next?

Next earnings date: 7/30/2025