TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An update from Sky Metals Limited ( (AU:SKY) ) is now available.
Sky Metals Limited has announced a significant metallurgical breakthrough at its Doradilla Tin Deposit, achieving a 78% tin recovery using a new processing method. This development positions Doradilla as a potentially viable project, complementing the company’s flagship Tallebung Tin Project and strengthening its growth pipeline. The Doradilla Deposit spans over 7.5km, with an initial Exploration Target defined across 2.5km, and potential to extend further. Sky Metals plans additional drilling to build on these results, aiming to advance the Doradilla Project alongside the Tallebung Project.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
More about Sky Metals Limited
Sky Metals Limited operates in the mining industry, focusing on the exploration and development of tin deposits. The company’s primary projects include the Doradilla and Tallebung Tin Projects, which are situated in New South Wales, Australia. Sky Metals aims to enhance its market position by developing these projects into viable assets.
Average Trading Volume: 772,470
Technical Sentiment Signal: Buy
Current Market Cap: A$51.77M
Find detailed analytics on SKY stock on TipRanks’ Stock Analysis page.