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The latest announcement is out from Sky Metals Limited ( (AU:SKY) ).
Sky Metals Limited has announced a change in the director’s interest, with Director Rimas Kairaitis converting 1,000,000 performance rights into ordinary shares, increasing his total shareholding to 14,245,981 shares. This conversion reflects a strategic move by the director to solidify his stake in the company, potentially impacting investor confidence and the company’s market positioning.
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 mineral resources. The company is involved in the extraction and processing of metals, aiming to capitalize on market demand for these resources.
Average Trading Volume: 719,023
Technical Sentiment Signal: Hold
Current Market Cap: A$56.12M
Find detailed analytics on SKY stock on TipRanks’ Stock Analysis page.