ANX.AX Anax Metals (ASX) up 34.62% to A$0.035: watch for A$0.04 test

ANX.AX stock is trading as a top gainer intraday after a 34.62% jump to A$0.035 on the ASX on 25 Feb 2026. The move comes on 14,178,858 shares traded versus an average volume of 1,743,071, a 8.13x volume surge that pushed the day high to A$0.039. Momentum indicators show overbought readings, but the price sits well above its 50-day average of A$0.01965 and 200-day average of A$0.01096. We review drivers, technicals, and the Meyka AI outlook for Anax Metals Limited (ANX.AX) on the ASX in Australia.