Why did PNX.AX stock spike after hours today?

The spike to A$0.004 was driven by heavy trading volume (1,873,675 shares) and speculative buying without a company announcement. Thin liquidity in small-cap explorers can amplify price moves.

What is Meyka AI's forecast for PNX.AX stock?

Meyka AI's forecast model projects **A$0.00694** in 12 months for PNX.AX stock, implying roughly **+73.59%** upside from A$0.004. Forecasts are model-based projections and not guarantees.

What are key risks for PNX.AX stock investors?

Key risks include low liquidity, high volatility, no recent earnings reports and exposure to commodity cycles. Major stock moves often need clear catalysts like resource updates or funding deals.

How should traders approach PNX.AX stock after a high-volume move?

Traders should size positions to manage volatility, use stop-loss levels, and watch for sustained volume over 1.5x average and a confirmed close above A$0.006 to signal follow-through.

AU Stocks

PNX.AX PNX Metals ASX +33% after hours (18 Feb 2026): High volume may help

ByHuzaifa Zahoor February 18, 2026

PNX.AX stock surged 33.33% in after-hours trade on 18 Feb 2026, closing at A$0.004 on a 1,873,675 share print that was nearly 1.82x average volume. The jump flagged the stock as a high-volume mover on the ASX and drew attention from short-term traders. We assess what drove the move, how PNX Metals Limited (PNX.AX) stacks up on valuation and liquidity, and what the Meyka AI model projects for near-term upside.