1VG.AX stock rises 34.62% after hours on ASX: model sees 65.30% upside
1VG.AX stock jumped 34.62% to A$0.35 in after-hours trade on 26 January 2026 on the ASX, driven by unusually high volume of 1,027,787 shares. The move put Victory Goldfields Limited (1VG.AX) well above its open of A$0.26 and near the intraday high of A$0.35, reflecting speculative buying and strong sector momentum in Basic Materials. Traders should note the stock still trades below its 50-day average of A$0.39 and above the 200-day average of A$0.35, leaving a mixed technical picture for short-term momentum and medium-term trend.
After-hours surge and what moved the tape
The after-hours lift for Victory Goldfields Limited (1VG.AX) came with a volume spike of 1,027,787 versus an average volume of 148,666, a relative volume of 6.91. There was no formal earnings release or ASX announcement at the time, so the price jump appears linked to fresh speculative interest and broader gold-sector strength. For confirmatory disclosures check the company website and ASX announcements: Victory Goldfields website and ASX announcements for 1VG.
1VG.AX stock technicals and valuation
Technically, 1VG.AX closed after hours at A$0.35, with a day low of A$0.24 and day high of A$0.35. The stock sits below its 50-day simple average of A$0.39 and essentially at its 200-day average of A$0.35, signaling short-term volatility but no clear long-term breakout. Financially, market capitalisation is about A$20,407,240, EPS is -A$0.07, and the trailing PE is -4.79, reflecting negative earnings and an early-stage gold explorer profile.
Meyka Grade and valuation: 1VG.AX score and rationale
Meyka AI rates 1VG.AX with a score out of 100: 58.93 (Grade C+, Suggestion: HOLD). This grade factors S&P 500 and sector comparison, industry metrics, financial growth, key ratios, forecasts and analyst signals. The C+ reflects strong recent price momentum and sector tailwinds, offset by negative earnings, small market capitalisation and limited liquidity.
Forecasts and price targets for 1VG.AX stock
Meyka AI’s forecast model projects a 1-year target of A$0.58, a 3-year target of A$0.76 and a 5-year target of A$0.90. Compared with the current after-hours price of A$0.35, the 1-year forecast implies an upside of 65.30%. Suggested scenario price targets: conservative A$0.40, base A$0.58, bull A$0.90. Forecasts are model-based projections and not guarantees.
Catalysts, risks and sector context
Victory Goldfields operates in the Gold industry within the Basic Materials sector, which is up 12.76% YTD and 65.03% over 12 months in Australia, favouring junior gold explorers. Catalysts include successful drilling results, permit wins, or M&A interest. Key risks are negative earnings (EPS -A$0.07), thin free float, liquidity constraints, and commodity price swings that can reverse gains quickly.
Trading outlook and strategy for short-term traders
Short-term traders should watch intraday liquidity, the ASX announcements page and any drill updates. With volume at 1,027,787 and average volume 148,666, the stock is volatile; stops and position sizing are essential. Sector momentum supports further upside, but the negative PE and small market cap argue for caution in longer-term allocations.
Final Thoughts
Key takeaways: 1VG.AX stock surged 34.62% after hours on 26 January 2026 to A$0.35 on the ASX, driven by heavy volume and sector strength rather than a clear company disclosure. Meyka AI’s forecast model projects a 1-year target of A$0.58, implying an upside of 65.30% versus the current price. Our proprietary grade is 58.93 (C+, HOLD), reflecting strong momentum but weak fundamentals, including EPS -A$0.07 and a negative PE of -4.79. Traders should balance upside potential with high volatility and limited liquidity; conservative price target A$0.40, base A$0.58, bull A$0.90. Forecasts are model-based projections and not guarantees. For official company news check Victory Goldfields website and ASX filings. Meyka AI provides this as AI-powered market analysis to help frame the opportunity and the risks.
FAQs
Why did 1VG.AX stock jump after hours on 26 January 2026?
The after-hours jump to A$0.35 accompanied a volume surge to 1,027,787 shares. No formal ASX announcement appeared; the move looks driven by sector momentum and speculative buying. Check ASX filings for any later announcements.
What is Meyka AI’s price target for 1VG.AX stock?
Meyka AI’s model projects a 1-year target of A$0.58 for 1VG.AX stock, a 3-year target of A$0.76 and a 5-year target of A$0.90. These are model projections, not guarantees.
Is 1VG.AX a good long-term investment now?
Victory Goldfields is a small-cap explorer with negative EPS and high volatility. Meyka AI grades it C+ (HOLD). Long-term investors should weigh drilling results, funding needs and gold prices before allocating capital.
Where can I find official updates for 1VG.AX?
Official updates are on the company website and the ASX announcements page. Use these sources for disclosures, permits and drilling results before trading.
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.