Why is Tanami Gold NL (ASX: TAM.AX) stock down today?

TAM.AX on the ASX is down -4.17% at $0.07 today, with price action that suggests selling interest.

What moved Tanami Gold NL (ASX: TAM.AX) stock today?

Today's move in TAM.AX on the ASX came alongside volume -43.07% below average and a day range of $0.07–$0.07.

How much did Tanami Gold NL's (ASX: TAM.AX) volume change today?

TAM.AX's volume on the ASX was 468.02K, -43.07% below its average.

Is Tanami Gold NL (ASX: TAM.AX) breaking a resistance level?

TAM.AX on the ASX is trading above its 50-day MA ($0.07) and below its 200-day MA ($0.08), which points to mixed moving-average signals.

Why Is Tanami Gold NL (ASX: TAM.AX) Stock Up Today?

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

TAM.AX●ASX

Basic MaterialsGold

$0.07

$0.003(4.17%)

Australian Market opens in 0h 32m

TAM.AX is Down -4.17% today

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

Tanami Gold NL (ASX: TAM.AX) Update

Volume (Unusual)

468.02K

↓ 43.00%

Open / Previous Close

$0.07 / $0.07

Day Range (Low / High)

$0.07 - $0.07

Tanami Gold NL (ASX: TAM.AX) Summary

Tanami Gold NL (ASX: TAM.AX) is trading down -4.17% at $0.07, reflecting a negative shift in investor sentiment today. The stock opened at $0.07 and has moved between $0.07 and $0.07 so far.

Trading volume is 468022, which is 43% below its average, and the price action suggests selling interest.

Technically, TAM.AX on the ASX is trading above its 50-day moving average of $0.07 and below its 200-day moving average of $0.08, indicating short-term strength but long-term weakness.

Meyka's AI assigns TAM.AX a grade of C (Overall fair), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +15.94% in 1 month ($0.08), +37.44% in 1 year ($0.09), and +195.97% 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.

TAM.AX (ASX) Technical Signals

Trading over 50-day moving average ($0.07)

Trading below 200-day moving average ($0.08)

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

$0.08

1 Year

$0.09

3 Years

$0.15

5 Years

$0.20

C+

Normal59.00

Is this change significant?

5-Day:-4.17%

1-Month:-4.17%

3-Month:+13.11%

What's next?

Next earnings date: 7/30/2025