CDR.AX Codrus Minerals jumps 52.94% intraday to A$0.026: why the spike matters for traders

CDR.AX stock surged 52.94% intraday to A$0.03 then settled at A$0.026 on 13 Jan 2026 as volume spiked to 4,828,905 shares. The move is driven by thin float dynamics and a sharp pickup in trader interest, not a formal earnings update. Traders on the ASX should note the stock’s day range A$0.017–A$0.028, 50-day average A$0.019, and year high A$0.05 while considering liquidity and volatility.