16.67% volume spike lifts SIZE.NE Major Precious Metals Corp. (NEO) Jan 23: Market hours outlook
We saw a sharp intraday volume spike in SIZE.NE stock on 23 Jan 2026, lifting the price 16.67% to C$0.035 during market hours. The move came on volume of 494,426 shares versus an average of 1,434, a relative volume of 344.79x. We look at what the surge means for traders, the company’s basic materials backdrop, and the data that should guide short-term entries and exits.
SIZE.NE stock intraday volume spike and price action
Today SIZE.NE stock traded between C$0.03 and C$0.035, closing at C$0.035, up 16.67%. The spike showed heavy participation with 494,426 shares versus average volume 1,434, indicating real flow, not a thin-market print.
A high relative volume of 344.79 signals either a news-led pick-up or short-term speculation. Momentum traders will watch whether volume sustains above the 50-day average of C$0.03123.
Why the volume spike matters for SIZE.NE stock
A volume spike on a small-cap explorer like Major Precious Metals Corp. often precedes larger moves because liquidity and attention change quickly. For SIZE.NE stock, the move above the 50-day and 200-day averages matters since both averages sit at C$0.03123 and price closed above them.
If buyers follow through, a confirmed breakout requires sustained volume above 50,000 shares on successive sessions given the very low historical average volume of 1,434.
SIZE.NE stock fundamentals and valuation
Major Precious Metals Corp. is a junior explorer focused on gold and other metals and holds 100% of the Skaergaard project in Greenland. SIZE.NE stock shows a market cap of CAD 7,902,195.00, shares outstanding 225,776,999, and EPS of -0.111 with a negative PE of -0.32.
Key balance-sheet metrics include cash per share 0.00040 and book value per share -0.02378, reflecting exploration-stage financing and negative equity. That profile fits a high-risk, high-volatility junior in the Basic Materials sector.
Meyka AI rates SIZE.NE with a score out of 100 and technical read
Meyka AI rates SIZE.NE with a score out of 100: 58.87 | Grade: C+ | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Technically, the stock shows a short-term momentum lift but low liquidity. Price averages are near C$0.03123 and today’s close above those averages is the first bullish sign. Traders should watch VWAP and whether average volume expands toward 50k+.
Risks, catalysts and sector context for SIZE.NE stock
Catalysts for Major Precious Metals Corp. include Greenland exploration updates, broader metals prices, and any corporate news on funding or assays. Commodity moves lift explorers; see current metals pricing for context source.
Risks include extremely thin liquidity, negative equity, and geopolitical trade uncertainty that can alter capital flows. Today’s broader market backdrop and investor sentiment also matter; read the market update for context source.
Trading strategy and what to watch for SIZE.NE stock
For a volume-spike trade we recommend clear entry and risk rules. Enter on sustained volume above 50,000 with price holding above C$0.032 and place a tight stop if price falls below C$0.028.
Short-term price targets: technical resistance near C$0.050 and a stretch target at C$0.080 if assays or funding news arrives. Position size should be small given market-cap and volatility.
Final Thoughts
Key takeaways for SIZE.NE stock: the intraday volume spike to C$0.035 on 23 Jan 2026 shows renewed trader interest and improved liquidity. The company remains an exploration-stage junior with negative EPS and limited cash per share, so moves can be fast and binary. Meyka AI’s forecast model projects a near-term base-case target of C$0.050, versus the current price C$0.035, implying an upside of 42.86% if the breakout holds. A conservative downside scenario to C$0.020 implies a -42.86% move. Forecasts are model-based projections and not guarantees. We use Meyka AI’s grade and on-chain volume signals to frame trade size, stop placement, and the conditional upside. Traders should watch follow-through volume, Greenland exploration updates, and sector metal prices before increasing exposure.
FAQs
What caused the SIZE.NE stock volume spike today?
The spike came from heavy intraday trading with 494,426 shares versus average 1,434, likely from speculative flow or a small bid cluster. No public earnings release was posted; watch exploration news and metal price moves for confirmation.
How does Meyka AI view SIZE.NE stock right now?
Meyka AI gives SIZE.NE a 58.87 score (Grade C+, HOLD). The rating balances sector strength and poor fundamentals. The model highlights short-term upside if volume sustains, but warns of high risk.
What are realistic price targets for SIZE.NE stock?
Near-term technical resistance sits at C$0.050 (base case). A positive news-driven scenario could lift the stock to C$0.080. Use tight stops given the stock’s small market cap and volatility.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
