SHE

STONEHORSE FPO [SHE]
Stonehorse Energy Limited operates as an oil and gas exploration and production company in Canada and the United States. It has a working interest to earn 26.25% in the Caroline well located in central Alberta, Canada; 18.75% interests in the Wapiti well located in western Alberta; and 25% interests in the Myall Creek property situated in the Surat Basin, Queensland. The company also holds a working interest in the Burgess, Sutton, Bullard, Henry Federal, Randolph, Jewell, Newberry, Mitchell, and Thelma operating wells situated in the United States. Stonehorse Energy Limited was incorporated in 1999 and is based in Perth, Australia.
Energy · ASX Small Cap
$0.0120 +0.0%

Updated 3 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-03-13
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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Knocking on the door of resistance — if it punches through, things could get interesting
  • Beating the Small Ords index — relative strength of 1.11, so it's outpacing the pack
  • Volume-price trend suggests distribution — sellers may be sneaking out while price holds
  • Trading above the 200-day average — the long-term trend is on your side
  • Strong cash runway (33 quarters)
  • 4C filed 2026-07-30
  • Low P/S ratio (2.4x)
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (39%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 57% over the past year (excluding last month)
  • Altman Z-Score grey zone (2.74, low-confidence approx)
  • Penny stock risk ($0.012)
  • Beneish M-Score 114.74 > -1.78: likely earnings manipulation
  • Commodity (Crude Oil): strong_up (+5pts)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • Stochastic is stretched into overbought — could need a breather
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-4.46%/day)
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Recent Catalysts

NONE Sale of Lone Star's US Interest
NONE Quarterly Activities and Cashflow Report
Announcement tone +3pts

Recent ASX Announcements

2026-09-02 Sale of Lone Star's US Interest PRICE SENSITIVE
2026-07-30 Quarterly Activities and Cashflow Report PRICE SENSITIVE

Key Metrics

$8.2M
Market Cap
416K
Avg Volume
0.6x
Vol Ratio
$0.01 — $0.01
52-Week Range
N/A
Short Interest
20 qtrs
Cash Runway
3.7%
ROE
14.0%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 38%
LLeader vs LaggardlaggardRS: -4
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Energy

65 tickers in this sector

View all Energy signals →Browse all ASX tickers A–Z →
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