PNX.AX up 33.33% pre-market on 1.87M volume ASX 18 Mar 2026: Monitor Hayes Creek catalysts

PNX.AX stock opened pre-market at A$0.004, up 33.33% from the previous close on 18 Mar 2026, driven by heavy trading of 1,873,675 shares on the ASX. This microcap jump comes with a relative volume of 1.82 versus the 50-day average, signalling speculative or news-led flows into PNX Metals Limited (PNX.AX). We summarise the trading snapshot, Meyka AI’s grade and forecasts, valuation anchors and the key catalysts that could sustain or reverse the move in Australia’s Basic Materials sector.