What caused the CHK.AX stock move today?

CHK.AX stock rose pre-market on 12 Feb 2026 due to a large spike in trading volume—**35,069,450** shares—and speculative buying in small-cap explorers. Market-wide momentum in Basic Materials and gold-sector news amplified interest.

What is Meyka AI's rating for CHK.AX stock?

Meyka AI rates CHK.AX with a score out of 100: **58.59** (Grade **C+**), with a suggestion to **HOLD**. The grade uses sector and benchmark comparisons, financial growth, key metrics, and analyst context.

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

Meyka AI's forecast model projects **A$0.012** in 12 months, an implied **140.00%** upside from **A$0.005**. We also flag a base target **A$0.010** and upside **A$0.015** tied to positive exploration or corporate news.

Is CHK.AX stock a buy for long-term investors?

CHK.AX stock remains speculative. Long-term investors should wait for confirmed drill results, clear funding plans, or partnership announcements before buying. The company shows negative cash flow and near-book valuation.

AU Stocks

CHK.AX stock up 66.67% pre-market ASX 12 Feb 2026: volume spike to 35.07M

ByHuzaifa Zahoor February 12, 2026February 12, 2026

Cohiba Minerals Limited (CHK.AX) led high-volume movers pre-market on ASX on 12 Feb 2026 after trading hit A$0.005, a 66.67% rise from the prior close. Volume surged to 35,069,450 shares, far above the 50-day average of 3,094,749, driving a sharp relative volume of 11.33x. This move reflects renewed trader interest in microcap explorers and positions CHK.AX stock under short-term focus for momentum traders and value-seeking investors as Basic Materials names rally.