Why did CHK.AX spike intraday on 03 Jan 2026?

The intraday spike to A$0.005 was accompanied by 35,069,450.00 shares traded. There was no earnings release that day; the move likely reflects speculative buying or market attention to Cohiba’s exploration assets. Confirm company notices before trading.

What does Meyka AI’s grade mean for CHK.AX?

Meyka AI rates CHK.AX 62.75 (Grade B, Suggestion: HOLD). The grade blends benchmark and sector comparisons, financial growth, key metrics and analyst signals. It’s informational only and not investment advice.

What are the main risks when trading CHK.AX?

Primary risks are high volatility, thin bid depth outside big-volume days, exploration setbacks, and possible dilution through capital raises. Use strict position sizing, stop losses and verify company announcements.

Where can I find official company information for Cohiba Minerals?

Official corporate information and announcements are on Cohiba Minerals’ website: [Cohiba Minerals](https://www.cohibaminerals.com.au). Always cross-check ASX notices before acting.

AU Stocks

CHK.AX up 66.67% intraday 03 Jan 2026: heavy volume suggests momentum

ByHuzaifa Zahoor January 3, 2026January 3, 2026

CHK.AX stock jumped 66.67% intraday to A$0.005 on 03 Jan 2026 on unusually heavy turnover of 35,069,450.00 shares, making it a high-volume mover on the ASX in Australia. We flag the move as volume-driven: the day range ran A$0.004–A$0.006 and the trade pushed the share price well above the 50-day average of A$0.003. As an AI-powered market analysis platform, Meyka AI tracks these spikes to separate speculative flows from news-driven re-rates. Below we break down the intraday action, fundamentals, technicals and what traders should watch next.