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The latest announcement is out from Sky Metals Limited ( (AU:SKY) ).
Sky Metals Limited is accelerating its drilling program at the Tallebung Tin Project by mobilizing a second drill rig to test high-grade silver-tin zones. This initiative aims to expand resource growth and improve confidence in the mineralization, with first assay results expected in December. The company is also advancing mine development studies, supported by strong board backing and funding, with an updated Mineral Resource Estimate and mining studies scheduled for early next year.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.12 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 primarily deals with tin, silver, and tungsten, with a significant market focus on its Tallebung Tin Project in central-western New South Wales.
Average Trading Volume: 751,823
Technical Sentiment Signal: Sell
Current Market Cap: A$52.2M
Find detailed analytics on SKY stock on TipRanks’ Stock Analysis page.