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The latest update is out from Sky Metals Limited ( (AU:SKY) ).
Sky Metals Limited has disclosed a change in Director Oliver Davies’ interests, with 1,250,000 performance rights converting into an equivalent number of fully paid ordinary shares at no cash consideration. Following this conversion, Davies’ holding increased to 19,283,191 fully paid ordinary shares, reflecting the vesting of incentive securities and signalling a shift from performance-based instruments to ordinary equity in the company’s director remuneration mix.
The most recent analyst rating on (AU:SKY) stock is a Hold with a A$0.17 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 an Australia-listed company engaged in mineral exploration and development, with its securities traded on the ASX. The company’s capital structure includes fully paid ordinary shares and performance rights granted to directors and key stakeholders as part of its remuneration and incentive framework.
Average Trading Volume: 1,757,960
Technical Sentiment Signal: Buy
Current Market Cap: A$149M
Find detailed analytics on SKY stock on TipRanks’ Stock Analysis page.