Australian (ASM) is held by 32 ASX ETFs. Over the last year it rose 27.9%: on $10,000, +$2787. We explain 37 big moves in that time.
About ASM
- SectorMaterials
- IndustryMaterials
- Held by32 ETFs
- Big moves37 in 1Y
- StatusDelisted
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- −8.9%9 Jun 2026· Unknown
No specific cause could be determined due to absence of news coverage.
- +7.3%3 Jun 2026· Sector Flow
ASX rare earth stocks rallied amid a renewed sector focus on critical minerals and supply chain concerns.
- −7.0%20 May 2026· Takeover / M&A
A US takeover of Australian Strategic Materials was reported, likely dampening investor sentiment as the deal may be under scrutiny or priced in, leading to a share price decline.
- +7.7%2 May 2026· Unknown
No specific news or event was found to explain the price move.
- +7.6%1 Apr 2026· Unknown
No specific news was found; the move is unexplained by available information.
- −7.2%4 Mar 2026· Unknown
No specific news directly explains the price drop; likely due to broader sector or unrelated factors.
- +8.7%10 Feb 2026· Unknown
The price movement is likely unrelated to the only available news article about a failed Rio Tinto-Glencore merger, and with no stock-specific news, the cause is unknown.
- +7.2%9 Feb 2026· Unknown
No specific company or sector news; likely a short-term rebound in a small-cap materials stock.
- −7.6%6 Feb 2026· Takeover / M&A
The stock fell on news of Energy Fuels acquiring ASM, likely due to takeover price being below market expectations or uncertainty around the deal.
- −10.5%5 Feb 2026· Takeover / M&A
Energy Fuels' acquisition of Australian Strategic Materials likely drove the stock down due to deal terms or market skepticism.
- +12.9%4 Feb 2026· Takeover / M&A
The stock surged due to the announced acquisition of Australian Strategic Materials by Energy Fuels, advancing rare earth integration.
- −9.6%2 Feb 2026· Takeover / M&A
The stock fell sharply on 2026-02-01, likely due to the announcement or speculation of the Energy Fuels rare earths acquisition, which raised valuation concerns for ASM.
- −7.5%30 Jan 2026· Unknown
Potential sector weakness or peer-driven news, though no direct company-specific announcement is cited.
- +10.3%23 Jan 2026· Takeover / M&A
Energy Fuels announced a recommended A$1.60-per-share takeover of Australian Strategic Materials, approved by the ASM board.
- +119.3%21 Jan 2026· Takeover / M&A
Energy Fuels announced a recommended A$1.60-per-share takeover of Australian Strategic Materials, driving the stock up 119%.
- +7.6%7 Jan 2026· Regulatory
Australian Strategic Materials likely rose on news that the government is considering a rare earths strategic reserve, a direct demand-support policy for the sector.
- +7.5%29 Dec 2025· Unknown
No news articles were found explaining the price move.
- −7.0%8 Dec 2025· Unknown
No news articles were found to explain the price move, so the cause remains unidentified.
- −9.0%21 Nov 2025· Unknown
Insufficient evidence to determine the cause of the abnormal price decline.
- −7.1%14 Nov 2025· Unknown
No specific cause identified due to absence of news coverage around the price move.
- +9.8%10 Nov 2025· Unknown
No news articles were found to explain the price movement, leaving the cause unknown.
- −11.9%7 Nov 2025· Unknown
No specific news articles were found to explain the abnormal price decline.
- −13.1%5 Nov 2025· Unknown
No specific news was found, but the extreme volume and sharp decline suggest a possible negative operational or market development not captured in the available articles.
- −9.4%3 Nov 2025· Unknown
No news articles were found to explain the abnormal price drop.
- +9.8%31 Oct 2025· Stake Change
A substantial holder change on 29 October 2025 likely triggered the abnormal share price movement.
- +10.5%29 Oct 2025· Capital Raise
Investors reacted to a capital raise, as indicated by a cleansing notice issued the prior day.
- −8.0%28 Oct 2025· Capital Raise
The stock fell sharply due to a capital raise, indicated by the cleansing notice and substantially higher share volume.
- −11.0%27 Oct 2025· Capital Raise
A capital raise or related dilution, evidenced by the Cleansing Notice, likely triggered the sharp sell-off.
- −11.4%24 Oct 2025· Sector Flow
Decline in rare earths sector due to profit-taking after the US-Australia critical minerals deal news.
- −10.9%23 Oct 2025· Sector Flow
Likely broad rare earth sector pullback after a surge following US-Australia critical minerals deal news, despite positive headlines.
- −11.6%22 Oct 2025· Sector Flow
Stock declined amid broad rare earth sector news, likely profit-taking after the US-Australia critical minerals deal headlines.
- +8.3%21 Oct 2025· Sector Flow
A US-Australia critical minerals deal and related rare earths sector news drove a significant rally in Australian Strategic Materials shares.
- −13.7%20 Oct 2025· Sector Flow
Sector-wide profit-taking and buying rotation after a surge in rare earth stocks on US-Australia trade deal talks, with ASM.AX correcting downward alongside peers.
- −13.0%16 Oct 2025· Sector Flow
Likely broad rare earth sector profit-taking or rotation after a sharp rally, given no company-specific negative news.
- −7.3%15 Oct 2025· Sector Flow
Stock dropped amid sector-wide rare earth share price surge, likely profit-taking or rotation out of ASM following a broader sector rally.
- +67.6%14 Oct 2025· Sector Flow
A broad surge in rare earths stocks, including Australian Strategic Materials, likely drove the share price up sharply on 2025-10-13.
- +30.1%13 Oct 2025· Sector Flow
The stock surged alongside broad gains in rare earth stocks, driven by sector-wide momentum and coverage of the rare earth price rally.
Held by 32 ETFs
Of every $10,000 in each fund, how much is in ASM today.
- QNTMVANECK QUANTUM ETF$1901.90%
- HEURBetaShares Europe Currency Hedged ETF$890.89%
- SMHGVANECK GLOBAL SEMICONDUCTOR ETF$660.66%
- SLVMGlobal X Silver Miners ETF$560.56%
- GWTHVanEck MSCI International Growth ETF$450.45%
- QLTYBetaShares Global Quality Leaders ETF$440.44%
- HQLTBetaShares Global Quality Leaders Currency Hedged ETF$440.44%
- IEUiShares Europe ETF$360.36%
- WVOLiShares MSCI World ex Australia Minimum Volatility ETF$300.30%
- HETHBetaShares Global Sustainability Leaders Currency Hedged ETF$270.27%