What caused the TON.AX stock jump today?

The TON.AX stock jump was driven by high volume and short-term momentum rather than a specific earnings release. Market interest in graphite developers and relative sector comparisons pushed price to A$0.011. Thin liquidity amplified the move.

How does Meyka view TON.AX stock?

Meyka AI rates TON.AX with a score of 58.77 out of 100 (C+, HOLD). The grade balances short-term technical strength with weak earnings, limited revenue and execution risk. Grades are model outputs and not investment advice.

What is a realistic price target for TON.AX stock?

Short-term resistance sits at the year high **A$0.014**. A conservative 12-month model projection from Meyka is **A$0.00888**, implying downside versus current levels. Any target should consider execution risk and financing needs.

Should I trade TON.AX stock on this spike?

Trading TON.AX stock on the spike may suit momentum traders using tight stops due to high volatility and thin liquidity. Long-term investors should wait for clearer project milestones, revenue progress or financing updates before adding exposure.

AU Stocks

TON.AX stock up 37.5% pre-market 11 Feb 2026: catalysts to watch

ByHuzaifa Zahoor February 11, 2026February 11, 2026

TON.AX stock jumped 37.5% pre-market to A$0.011 on 11 Feb 2026, led by a surge in volume of 4,773,463 shares. The move makes Triton Minerals Limited (TON.AX) one of the ASX top gainers in the Basic Materials sector this pre-market session. Traders are parsing catalyst signals after a low base and a recent uptick versus the 50-day average price. We summarise what changed, the company fundamentals, technical reads, and short-term forecasts to help investors assess risk and potential next steps for TON.AX stock.