Meeka Metals (MEK) is held by 2 ASX ETFs as of 15 Oct 2026. It weighs most in MVS, at 1.2% of the fund. Over the last year it fell 68.0%: on $10,000, −$6800. We explain 6 big moves in that time.
About MEK
- SectorMaterials
- IndustryMaterials
- Size$302.0m
- Held by2 ETFs
- Big moves6 in 1Y
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- −25.9%peak −27.4%25 Sep 2026· Capital Raise
Meeka Metals fell sharply after announcing an institutional placement, which dilutes existing shareholders and typically pressures the share price.
- +14.1%5 Aug 2026· Operational
Meeka Metals reported strong drilling results of 52.3m at 3.0g/t gold beneath Turnberry, significantly expanding the underground potential of its gold project.
- −10.5%peak −17.1%22 Jul 2026· Operational
Investors sold off MEK shares after the quarterly activity report and drilling progress update disappointed the market, despite a positive gold sector backdrop, suggesting the results fell short of expectations following a recent strong run-up in the stock price.
- +19.6%2 Jul 2026· Operational
Meeka Metals shares surged on advances at its Murchison gold project, with gold production momentum building.
- −15.0%13 Mar 2026· Unknown
The stock fell sharply on March 12, 2026, with news reporting 'Why Meeka Metals Stock Is Falling Today,' suggesting company-specific adverse catalysts, but specific details are not provided in the article snippet.
- +13.6%16 Oct 2025· Operational
Shares rose on news of a high-grade gold discovery boosting the Murchison Project's potential.
Held by 2 ETFs
Of every $10,000 in each fund, how much is in MEK today.
Other Materials companies
- PRUPerseus Mining79 ETFs
- EUREuropean72 ETFs
- RIORio Tinto62 ETFs
- ELVElevra Lithium60 ETFs
- NEMNewmont59 ETFs
- RMSRamelius55 ETFs
- ORAOrora54 ETFs
- RSGResolute Mining49 ETFs
Why did MEK fall 14.3% on 19 Jun 2025?
Meeka Metals
Meeka Metals' capital raising announcement drove the stock down due to dilution concerns.
The price drop of -14.29% with high volume occurred on 2025-06-19, and the news articles on the following day (2025-06-20) headline 'Meeka raises capital to drive Murchison growth'. A capital raise typically results in a sharp share price decline due to dilution, aligning with the observed movement. There is no other obvious driver mentioned, so capital raising is the most likely cause.
Written by a language model from the evidence below, and it can be wrong. Tell us and we will fix or remove it. General information only, not financial product advice. It does not consider your objectives, finances or needs. Past performance is not a guide to future performance.
Evidence
News coverage
What it did to the 2 ETFs holding MEK
On $10,000 in each fund, at the weight it holds today