What caused the PNX.AX stock jump on 10 Feb 2026?

The move appears driven by heavy trading and speculative interest rather than a company release; volume was **1,873,675** shares. Traders are likely reacting to exploration speculation around Hayes Creek and broader commodity focus.

What is the Meyka grade for PNX.AX stock and what does it mean?

Meyka AI rates PNX.AX with a score out of 100 at **59.02** (Grade **C+**, Suggestion: HOLD). The grade blends benchmark, sector, metrics, growth and consensus; it is information only, not advice.

What price targets and forecast exist for PNX.AX stock?

Meyka scenario targets a short-term **A$0.00800** and longer-term **A$0.01100–A$0.01250**; Meyka AI's forecast model projects **A$0.00694** in one year, a model-based projection not a guarantee.

Is PNX.AX stock liquid enough for trading?

Liquidity is moderate for a microcap: today’s volume of **1,873,675** exceeded the average **1,028,919**, but market cap is **A$23,880,839.00**, so large orders can move the price and increase volatility.

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PNX.AX stock +33% to A$0.004 on heavy volume (ASX 10 Feb 2026): watch Hayes Creek drill

ByHuzaifa Zahoor February 10, 2026February 10, 2026

PNX.AX stock rose 33.33% to A$0.004 on heavy trading volume of 1,873,675 shares at market close on 10 Feb 2026. The move put PNX Metals Limited (ASX: PNX) above its previous close of A$0.003 and flagged a relative volume spike versus its 50-day average. There was no major company announcement during the session, so traders appear to be pricing in exploration or speculative interest around Hayes Creek drilling and nearby project updates. We summarise what pushed the stock, the key ratios, and what to watch next