Why is Midas Minerals Limited (ASX: MM1.AX) stock down today?

MM1.AX on the ASX is down -2.63% at $0.74 today, with price action that suggests selling interest.

What moved Midas Minerals Limited (ASX: MM1.AX) stock today?

Today's move in MM1.AX on the ASX came alongside volume -38.92% below average and a day range of $0.72–$0.75.

How much did Midas Minerals Limited's (ASX: MM1.AX) volume change today?

MM1.AX's volume on the ASX was 258.57K, -38.92% below its average.

Is Midas Minerals Limited (ASX: MM1.AX) breaking a resistance level?

MM1.AX on the ASX is trading below its 50-day MA ($0.89) and above its 200-day MA ($0.73), which points to mixed moving-average signals.

Why Is Midas Minerals Limited (ASX: MM1.AX) Stock Up Today?

Live update on MM1.AX's movement on the ASX, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

MM1.AX●ASX

Basic MaterialsOther Precious Metals

$0.74

$0.02(2.63%)

Australian Market opens in 13h 20m

MM1.AX is Down -2.63% today

You might want to check out Why is MM1.AX Down Today?

Midas Minerals Limited (ASX: MM1.AX) Update

Volume (Unusual)

258.57K

↓ 39.00%

Open / Previous Close

$0.75 / $0.76

Day Range (Low / High)

$0.73 - $0.75

Midas Minerals Limited (ASX: MM1.AX) Summary

Midas Minerals Limited (ASX: MM1.AX) is trading down -2.63% at $0.74, reflecting a negative shift in investor sentiment today. The stock opened at $0.75 and has moved between $0.73 and $0.75 so far.

Trading volume is 258573, which is 39% below its average, and the price action suggests selling interest.

Technically, MM1.AX on the ASX is trading below its 50-day moving average of $0.89 and above its 200-day moving average of $0.73, indicating short-term weakness but long-term strength.

Meyka's AI assigns MM1.AX a grade of C (Overall fair), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +1.35% in 1 month ($0.75), +71.91% in 1 year ($1.27), and +441.83% in 5 years ($4.01).

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.

MM1.AX (ASX) Technical Signals

Trading below 50-day moving average ($0.89)

Trading over 200-day moving average ($0.73)

Analyst Recommendations data is not available for MM1.AXAnalyst Recommendations details for MM1.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

$0.75

1 Year

$1.27

3 Years

$2.64

5 Years

$4.01

C+

Normal59.00

Is this change significant?

5-Day:-3.90%

1-Month:-18.23%

3-Month:-16.85%

What's next?

Next earnings date: 7/30/2025