Metro Mining (MMI) is held by 3 ASX ETFs. Over the last year it fell 50.6%: on $10,000, −$5057. We explain 8 big moves in that time.
About MMI
- SectorMaterials
- IndustryMaterials
- Size$279.4m
- Held by3 ETFs
- Big moves8 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
- −25.4%12 Oct 2026· Operational
A market-sensitive operational update released the prior evening triggered a sharp sell-off, likely revealing disappointing production or operational results.
- −1.1%peak −11.2%31 Aug 2026· Sector Flow
MMI.AX fell alongside a broad selloff in the ASX Materials sector, which dropped about 1.8% on the same day, amplifying the stock-level decline.
- +10.7%13 May 2026· Sector Flow
Small-cap resource stocks, including Metro Mining, regained momentum amid a broader sector rally.
- +10.6%11 May 2026· Sector Flow
Metro Mining shares surged as small-cap resource stocks regained momentum, with the sector broadly rallying.
- +10.9%27 Feb 2026· Earnings Beat
Metro Mining announced a record profit for 2025, driven by strong shipments, which boosted investor confidence.
- −7.2%5 Feb 2026· Unknown
The stock fell despite a positive production ramp-up announcement, likely due to the market pricing in future dilution or sector overhang.
- +7.1%23 Oct 2025· Unknown
Unusual price increase without identifiable news or underlying driver.
- −17.0%16 Oct 2025· Unknown
No specific news was found; the abnormal price drop may be due to an unannounced negative development or market reaction.
Held by 3 ETFs
Of every $10,000 in each fund, how much is in MMI today.
Why did MMI rise 10.7% on 13 May 2026?
Metro Mining
Small-cap resource stocks, including Metro Mining, regained momentum amid a broader sector rally.
The price move is not tied to any company-specific announcement; instead, news headlines highlight a resurgence in small-cap resource stocks and a broader ASX sector rotation where Metro Mining surged along with other small-cap winners. No mention of earnings, guidance, or commodity price changes specific to MMI, making sector flow the most plausible driver.
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 3 ETFs holding MMI
On $10,000 in each fund, at the weight it holds today