Why did CDR.AX stock jump intraday?

CDR.AX stock jumped due to heavy volume and positive speculative interest in gold explorers. Low float and a clustering of buy orders amplified the move. No official earnings beat drove today’s intraday spike.

What are the main risks for Codrus Minerals (CDR.AX)?

Primary risks include drilling results that fail to meet expectations, capital-raising dilution, low liquidity, and negative operating cash flow. These factors increase volatility for CDR.AX stock.

What price does Meyka AI forecast for CDR.AX stock?

Meyka AI's forecast model projects a monthly level of A$0.03, implying **-25.00%** versus the current A$0.04. Forecasts are model-based projections and not guarantees.

Should I trade CDR.AX stock short term or long term?

Short-term trading suits momentum and liquidity traders who handle volatility. Long-term investors should wait for clear exploration results and funding clarity before increasing exposure to CDR.AX stock.

AU Stocks

CDR.AX up 29.03% to A$0.04 on heavy volume: what traders should watch

ByDanny Kontos February 14, 2026February 14, 2026

The most important intraday move is CDR.AX stock rallying 29.03% to A$0.04 on 14 Feb 2026 as volume surged to 6,999,138.00 shares. Traders pushed Codrus Minerals Limited (CDR.AX) higher after a string of exploratory updates and positive sector momentum in Basic Materials. The move came from low liquidity and a strong technical buy signal, not from a published earnings beat.