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An update from Sky Metals Limited ( (AU:SKY) ) is now available.
Sky Metals Limited has achieved excellent results from its recent full-scale ore sorting testwork on bulk samples from the Tallebung Tin Project. The testwork demonstrated significant upgrades in tin, silver, and tungsten grades, with a notable mass reduction that could lower future capital and operational expenditures. These results validate the scalability of their metallurgical testwork and ore sorting strategy, positioning the company to advance the project towards development and engage in off-take discussions with downstream partners.
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 is a company operating in the mining industry, primarily focused on tin extraction and processing. Their flagship project is the Tallebung Tin Project located in central New South Wales, Australia.
Average Trading Volume: 868,349
Technical Sentiment Signal: Buy
Current Market Cap: A$60.22M
See more insights into SKY stock on TipRanks’ Stock Analysis page.