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Sky Metals Director Converts Performance Rights to Shares

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Sky Metals Director Converts Performance Rights to Shares

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An update from Sky Metals Limited ( (AU:SKY) ) is now available.

Sky Metals Limited has announced a change in the director’s interest notice, indicating that Director Oliver Davies has converted 1,000,000 performance rights into fully paid ordinary shares. This conversion increases his total holding to 10,633,191 fully paid ordinary shares, reflecting a strategic move that could impact the company’s stock dynamics and shareholder interests.

The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.08 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 mineral resources. The company is involved in the production of various metals, which are essential for numerous industrial applications.

Average Trading Volume: 1,112,423

Technical Sentiment Signal: Buy

Current Market Cap: A$73.31M

For an in-depth examination of SKY stock, go to TipRanks’ Overview page.

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