MGA.AX MetalsGrove (ASX) jumps 43.62% to A$0.135 on heavy volume: short-term rally or profit-taking ahead

On 11 Feb 2026 the MGA.AX stock headline is a 43.62% intraday gain, closing at A$0.14 (A$0.135). Trading volume hit 919,670 shares versus a 50-day average of 147,371, signalling heavy speculative interest. The move follows no new market guidance but links to renewed investor focus on green metals. This rally lifted market cap to AUD 11,185,488.00 and pushed technicals into overbought territory, which often precedes short-term profit-taking.