What drove the KAI.AX stock jump today?

The rise to A$0.042 came on a **64.29M** share volume spike and renewed interest in Pilbara exploration. No major corporate takeover was announced; trading appears driven by speculative buying and sector momentum.

What is Meyka AI’s forecast for KAI.AX stock?

Meyka AI's forecast model projects **A$0.05294** in 12 months, implying **~26.06%** upside vs the current price of **A$0.042**. Forecasts are model-based and not guarantees.

Is KAI.AX stock a buy after today’s move?

Meyka AI currently assigns a **B (HOLD)** grade to KAI.AX. The company shows exploration potential, but negative earnings and dilution risk mean investors should wait for drill results or clearer fundamentals before buying.

Where can I read Kairos Minerals announcements?

Company announcements and investor materials are available on the Kairos website and the ASX company page. We link key sources for filings and news in the article for convenience.

AU Stocks

KAI.AX Kairos Minerals (ASX) up 20% to A$0.042 03 Feb 2026: watch volume

ByDanny Kontos February 3, 2026February 3, 2026

KAI.AX stock jumped 20.00% to A$0.042 on 03 Feb 2026 after heavy trading of 64,294,545 shares at market close. This makes Kairos Minerals Limited (KAI.AX) one of the most active ASX names today by volume and price movement. Investors cited renewed interest in Pilbara exploration updates and a tight float. Meyka AI flags the volume as a short-term momentum signal for traders and notes wider sector strength in Basic Materials in Australia.