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The latest announcement is out from Sky Metals Limited ( (AU:SKY) ).
Sky Metals Ltd has issued 5,000,000 fully paid ordinary shares to its directors following the conversion of performance rights. This move, executed without investor disclosure under specific provisions of the Corporations Act, aligns with the company’s compliance with relevant legal requirements, indicating a strategic decision to reward its leadership while maintaining transparency.
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.
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.