Volume spike today: SIZE.NE Major Precious Metals Corp. (NEO) C$0.035 (catalyst?)
SIZE.NE stock jumped 16.67% to C$0.035 on 30 Jan 2026, driven by a sharp intraday volume spike of 494,426 shares during market hours. That trade volume is 344.79x the 50-day average of 1,434 shares, a classic volume-spike signal for junior explorers listed on the NEO exchange in Canada. Traders and short-term momentum desks are watching for follow-through as Major Precious Metals Corp. (SIZE.NE) trades well above its 50-day average price C$0.031 and near the lower half of its 52-week range.
SIZE.NE stock intraday price and volume
Intraday action was decisive: SIZE.NE stock opened at C$0.030 and ran to a high of C$0.035, a C$0.005 move equal to 16.67%. Volume of 494,426 shares dwarfed the average 1,434 and pushed relative volume to 344.79.
A single-paragraph fact: the spike suggests either a news-driven block, a trade desk sweep, or retail momentum. There was no company press release at time of writing, so the move looks market-driven and short-term traders will watch for sustained volume above 50,000 shares.
Fundamental snapshot and valuation
Major Precious Metals Corp. (SIZE.NE) is a junior explorer focused on gold and other precious metals with its Skaergaard project in Greenland. Key fundamentals: market cap 7,902,195 CAD, EPS -0.111, and PE -0.315 (negative, reflecting losses).
The balance-sheet metrics show constrained liquidity: cash per share 0.000397, current ratio 0.0081, and enterprise value 17,066,569 CAD. These figures underline exploration-stage risk and explain a valuation driven more by drill results than earnings multiples.
Meyka AI grade and technical comment
Meyka AI rates SIZE.NE with a score out of 100: 58.96 | Grade: C+ | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Technically, the stock trading above its 50-day average price C$0.031 and average volume breakout is constructive for momentum traders. Watch support near C$0.030 and resistance at recent gap levels near C$0.050. We note extreme illiquidity historically; average volume 1,434 means continued heavy volume is required to sustain higher prices.
Catalysts, sector context and news links
Catalysts for SIZE.NE stock include Greenland exploration updates, assay results, and partnerships or financings. Broader sector trends matter: basic materials and precious metals have seen renewed interest amid commodity flows and tariff discussions that shift global supply chains.
For commodities context see Bloomberg’s metals roundup and a recent WSJ metals piece. Bloomberg Metals and WSJ report on metals & alumina offer market context that can influence explorer sentiment. Also review our Meyka AI stock page for live updates: Meyka SIZE.NE page.
Price targets and analyst-style scenarios
We frame three scenarios for SIZE.NE stock: conservative C$0.020, base C$0.045, and bull C$0.080. These are scenario targets, not broker recommendations.
Scenario logic: conservative assumes no near-term drill success and dilution risk; base assumes modest positive assays or a financing that funds one drill season; bull assumes a meaningful discovery or strategic JV. Given market cap 7,902,195 CAD, even small positive findings can re-rate market value materially.
Risks, liquidity and trading strategy
Risk is high: negative EPS, thin historical liquidity, and high debt-to-market-cap ratio 1.17 increase downside on weak news. Working capital shows pressure with negative shareholders equity per share -0.0238.
For a volume-spike strategy, set tight risk rules: scale position only while volume confirms direction, use stop-loss near C$0.030, and avoid holding through dilution events. Keep position sizes small relative to portfolio exposure to juniors.
Final Thoughts
Key takeaways: SIZE.NE stock moved to C$0.035 on 30 Jan 2026 with an unusual intraday volume of 494,426 shares, a clear volume-spike alert on the NEO exchange in Canada. Meyka AI’s models and grade caution on fundamentals—Score 58.96, Grade C+, Suggestion: HOLD—but the liquidiity-driven price action creates short-term trading opportunities. Meyka AI’s forecast model projects a near-term base target of C$0.062, implying an upside of 77.14% versus the current C$0.035. Forecasts are model-based projections and not guarantees. Traders should weigh the high volatility, potential dilution, and exploration binary outcomes before allocating capital. Use volume confirmation and defined stops for any active trading around this spike.
FAQs
What caused the SIZE.NE stock volume spike today?
No company release was published during market hours. The spike likely reflects a market-driven block, retail momentum, or a trading desk sweep. Check company announcements and drill news for confirmation.
How risky is trading SIZE.NE stock after the spike?
Risk is high: negative EPS -0.111, thin avg volume 1,434, and tight cash metrics. Use small position sizes, tight stops near C$0.030, and expect possible dilution.
Does Meyka AI provide a forecast for SIZE.NE stock?
Yes. Meyka AI’s forecast model projects a near-term base target of C$0.062 versus current C$0.035. Forecasts are model-based projections and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.