Why did NAG.AX stock jump today?

NAG.AX stock rose on **4 Feb 2026** due to heavy volume and renewed speculative interest in small‑cap gold plays, rather than a clear earnings beat. No formal major corporate announcement tied directly to the spike was public at close.

What is Meyka AI’s view on NAG.AX stock?

Meyka AI rates NAG.AX **58.11/100 (C+, HOLD)** and models a monthly value of **A$0.01** and yearly **A$0.00675**, signalling modelled downside from the current price. This view is informational, not investment advice.

What technical levels matter for NAG.AX stock?

Key technical levels: support near **A$0.015**, immediate resistance at **A$0.024**, 50‑day average **A$0.01111**, and 200‑day average **A$0.01454**. RSI **46.77** and ADX **28.40** suggest a developing trend.

Is NAG.AX stock a buy for long‑term investors?

Given negative earnings, low liquidity, and weak current ratio, NAG.AX stock remains high risk for long‑term investors until exploration success or stronger funding is confirmed. Position sizing and due diligence are essential.

AU Stocks

+58.33% NAG.AX Nagambie Resources ASX on 20.15M 4 Feb 2026: eye 0.024 AUD

ByDanny Kontos February 4, 2026

NAG.AX stock surged 58.33% to A$0.019 at the ASX close on 4 Feb 2026, making Nagambie Resources Limited the session’s top gainer. The move came on 20,150,809 shares traded, well above the 3,014,086 average, and pushed the intraday range from A$0.015 to A$0.019. Traders flagged the spike as a short-term breakout play in a small-cap gold explorer listed on the ASX, while volume and prior averages suggest momentum, not a fundamental rerating.