CHK.AX up 66.67% pre-market 24 Feb 2026: Cohiba Minerals (ASX) strong volume

CHK.AX stock jumped 66.67% pre-market to A$0.005 on a heavy trade day, driven by a volume surge of 35,069,450 shares. This spike pushed price above the 50-day average A$0.00313 and the 200-day average A$0.00280, signalling short-term buying interest. Traders on the ASX are watching liquidity and near-term catalysts, while fundamentals still show exploration-stage metrics and limited operating cash flow.