The Australian Securities Exchange has written to Kingsland Minerals (ASX:KNG) to query the company's increased share price and trading volume over the past few days.

Its share price is up 46% the past five days and reached $0.31 today at 10:55am AEST.

The company responded that it was not aware of any information that could explain the recent trading, and that the company was complying with ASX listing rules.

Kingsland Minerals, worth $11.71M, is also part of Grafa's 100 Club, which marks the moment an asset price has doubled year-to-date.