What caused the EEL.AX stock rise today?

EEL.AX stock rose 50% intraday on heavy volume of 4,266,745 shares. The move is consistent with speculative buying linked to exploration news flow or short-covering in a low‑liquidity micro‑cap.

Is EEL.AX stock a buy after the jump?

EEL.AX stock remains speculative. Meyka AI grades it B (HOLD). Traders may trade momentum, but long‑term buys should wait for positive drill results or improved financials.

What is Meyka AI’s price forecast for EEL.AX stock?

Meyka AI's forecast model projects a 12‑month median target of A$0.0045 for EEL.AX stock. This implies about 200.00% upside from A$0.0015 today. Forecasts are model-based and not guarantees.

How liquid is ENRG Elements Limited on the ASX?

Liquidity is limited. Today’s volume was 4,266,745 versus an average volume of 7,056,916. Low free float and small market cap can widen spreads and increase execution risk.

AU Stocks

50% intraday jump EEL.AX ENRG Elements (ASX) 10 Feb 2026: high volume risk

ByHuzaifa Zahoor February 10, 2026February 10, 2026

EEL.AX stock jumped 50.00% intraday to A$0.0015 on 10 Feb 2026 on a volume spike of 4,266,745 shares. This move makes ENRG Elements Limited (ASX) one of today’s high-volume movers on the ASX Basic Materials list. The price traded between A$0.0010 and A$0.0020 today and is trading well above its 50-day average of A$0.00111. We examine the drivers, technicals, valuation, Meyka AI grade, and a short-term forecast for active traders and investors.