Why did SHE.AX stock jump 33.33% on 13 Mar 2026?

The one‑day jump followed Stonehorse’s earnings update on 12 Mar 2026 and heavier trading. Market reaction was amplified by oil market headlines and small‑cap volatility that drove short covering.

What is Meyka AI's short‑term price view for SHE.AX stock?

Meyka AI's forecast model projects a short‑term monthly target of A$0.01 for SHE.AX stock, implying about **25.00%** upside from A$0.008. Model forecasts are not guaranteed.

What risks should investors watch with SHE.AX stock?

Key risks include low liquidity on the ASX, commodity price exposure, variable earnings, and a small market cap. Watch operational updates, cash flow and any changes to US oil trade rules.

What valuation metrics matter for SHE.AX stock?

Relevant metrics: market cap **A$5,475,681**, price/book **0.41**, PE reported at **0.80**, cash per share **A$0.00959**, and book value per share **A$0.01955**. These show a low market valuation versus book.

AU Stocks

SHE.AX Stonehorse Energy (ASX) +33.33% to A$0.008 on 13 Mar 2026: A$0.01 target

ByDanny Kontos March 13, 2026

SHE.AX stock led ASX small‑cap gainers at market close on 13 Mar 2026 after a one‑day rise of 33.33% to A$0.008 on volume of 2,938,484 shares. The move followed a March earnings update and heavier-than-average trading. We track the jump alongside broader energy cues, regulatory headlines and short-term model forecasts that point to a A$0.01 monthly target. The market closed after the surge and the stock remains highly traded for its market cap of A$5,475,681 on the ASX