Why did CHK.AX stock spike intraday today?

CHK.AX stock spiked due to heavy trading interest: volume reached 35,069,450 against an average of 3,094,749. High relative volume (11.33) on a microcap can trigger rapid price moves, often tied to news, speculation or block trades.

What is Meyka AI’s grade for CHK.AX and what does it mean?

Meyka AI rates CHK.AX with a score out of 100: 58.75, Grade C+. The grade reflects sector, growth, key metrics and consensus. It implies a HOLD bias with event-driven upside and above-average risk for investors.

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

Meyka AI's forecast model projects a base short-term reference of A$0.007 (+40.00%), a bull case of A$0.012 (+140.00%), and a bear case of A$0.003 (-40.00%). Forecasts are model-based and not guarantees.

How should traders manage risk when trading CHK.AX stock?

Trade CHK.AX stock with tight position sizing and stop losses. Expect high volatility and potential dilution. Monitor drilling updates, ASX announcements, and intraday volume to gauge momentum and liquidity.

AU Stocks

CHK.AX Cohiba ASX +66.67% intraday 13/01/2026: volume spike hints momentum

ByDanny Kontos January 13, 2026

CHK.AX stock jumped +66.67% intraday to A$0.005 on 13/01/2026 as volume surged to 35,069,450 shares. The move put Cohiba Minerals Limited (CHK.AX) front of mind for high-volume traders on the ASX. We note a big gap versus the 50-day average price of A$0.00313 and a relative volume of 11.33, which signals outsized intraday interest. Meyka AI provides this quick, data-led intraday update and context for active traders and investors.