Why did 1VG.AX jump intraday today?

The intraday rise to A$0.35 on 03 Jan 2026 coincided with heavy volume (1,027,787 shares) — about 6.91 times average — suggesting fresh buying. No company-specific announcement is required for such moves in small-cap explorers; sector momentum and speculative flows can spark spikes.

What are the key levels to watch for 1VG.AX?

Short-term support is around A$0.35 (200-day average) and A$0.24 (intraday low). Immediate resistance is the 50-day average A$0.39 and the 52-week high A$0.55. A sustained break of A$0.39 would be needed to confirm near-term strength.

What does Meyka AI forecast for 1VG.AX?

Meyka AI's forecast model projects a 1-year price A$0.58 (implied upside 65.30% from A$0.35), a 3-year A$0.76 and a 5-year A$0.90. Forecasts are model-based projections and not guarantees.

Is 1VG.AX a buy for long-term investors?

Meyka AI rates 1VG.AX B (HOLD). The company is exploration-stage with negative EPS A$-0.07 and a market cap of AUD 20,407,240. Long-term investors should weigh exploration risk, potential dilution and gold-sector exposure before adding to portfolios.

AU Stocks

1VG.AX up 34.62% on ASX 03 Jan 2026: intraday drivers and outlook

ByHuzaifa Zahoor January 3, 2026January 3, 2026

Victory Goldfields Limited 1VG.AX surged 34.62% intraday to A$0.35 on the ASX on 03 Jan 2026 as volume spiked to 1,027,787 shares, roughly 6.91 times the average. The intraday range ran A$0.24–A$0.35, and the stock is trading well above its 200-day average A$0.35 but slightly under the 50-day average A$0.39. This piece examines valuation, technical levels, Meyka AI grade and model forecasts to frame the short-term opportunity and risks for traders and investors.