CR9.AX stock up 37.50% pre-market on volume surge ASX: monitor catalysts

CR9.AX stock opened the ASX pre-market session higher after a 37.50% intraday move to A$0.011, driven by a volume surge to 5,983,046 shares. Corella Resources Ltd (ASX: CR9.AX) trades well above its 50-day average of A$0.00619 and 200-day average of A$0.00402, signalling renewed trader interest. We focus on price drivers, valuation, technicals and a short-term outlook to explain why Corella is a top gainer in the Basic Materials sector today.