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Sky Metals Limited Announces Director’s Increased Stake

Story Highlights
  • Sky Metals Limited is focused on mineral exploration and development.
  • Director Richard Hill has increased his stake in Sky Metals, acquiring more shares and performance rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sky Metals Limited Announces Director’s Increased Stake

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Sky Metals Limited ( (AU:SKY) ) has provided an announcement.

Sky Metals Limited has announced a change in the director’s interest, specifically involving Richard Hill. The update reveals that Mr. Hill, through Silverpeak Nominees Pty Ltd and the Switchkickers Super Fund, has acquired additional performance rights and fully paid ordinary shares. This change reflects an increased stake in the company, potentially signaling confidence in the company’s future prospects and aligning the director’s interests with those of the shareholders.

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 is primarily involved in the production of metals, with a market focus on expanding its portfolio of mining assets.

Average Trading Volume: 761,256

Technical Sentiment Signal: Sell

Current Market Cap: A$51.38M

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

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