Why is Sunshine Metals Limited (ASX: SHN.AX) stock down today?

SHN.AX on the ASX is down -6.25% at $0.03 today, with price action that suggests selling interest.

What moved Sunshine Metals Limited (ASX: SHN.AX) stock today?

Today's move in SHN.AX on the ASX came alongside volume -49.94% below average and a day range of $0.03–$0.03.

How much did Sunshine Metals Limited's (ASX: SHN.AX) volume change today?

SHN.AX's volume on the ASX was 3.08M, -49.94% below its average.

Is Sunshine Metals Limited (ASX: SHN.AX) breaking a resistance level?

SHN.AX on the ASX is trading above its 50-day MA ($0.03) and above its 200-day MA ($0.03), which points to short-term and long-term strength.

Why Is Sunshine Metals Limited (ASX: SHN.AX) Stock Up Today?

Live update on SHN.AX's movement on the ASX, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

SHN.AX●ASX

Basic MaterialsOther Precious Metals

$0.03

$0.002(6.25%)

Australian Market opens in 13h 15m

SHN.AX is Down -6.25% today

You might want to check out Why is SHN.AX Down Today?

Sunshine Metals Limited (ASX: SHN.AX) Update

Volume (Unusual)

3.08M

↓ 50.00%

Open / Previous Close

$0.03 / $0.03

Day Range (Low / High)

$0.03 - $0.03

Sunshine Metals Limited (ASX: SHN.AX) Summary

Sunshine Metals Limited (ASX: SHN.AX) is trading down -6.25% at $0.03, reflecting a negative shift in investor sentiment today. The stock opened at $0.03 and has moved between $0.03 and $0.03 so far.

Trading volume is 3081179, which is 50% below its average, and the price action suggests selling interest.

Technically, SHN.AX on the ASX is trading above its 50-day moving average of $0.03 and above its 200-day moving average of $0.03, indicating short-term and long-term strength.

Meyka's AI assigns SHN.AX a grade of C (Overall fair), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of 0.00% in 1 month ($0.03), +43.10% in 1 year ($0.04), and +325.42% in 5 years ($0.13).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the ASX.
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SHN.AX (ASX) Technical Signals

Trading over 50-day moving average ($0.03)

Trading over 200-day moving average ($0.03)

Analyst Recommendations data is not available for SHN.AXAnalyst Recommendations details for SHN.AX are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$0.03

1 Year

$0.04

3 Years

$0.09

5 Years

$0.13

C+

Normal58.00

Is this change significant?

5-Day:+3.45%

1-Month:+7.14%

3-Month:-9.09%

What's next?

Next earnings date: 7/30/2025