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Sky Metals Limited ( (AU:SKY) ) just unveiled an announcement.
Sky Metals Limited has announced an exploration target for its Tallebung and Doradilla Tin Projects, with plans to continue drilling to expand the Mineral Resource Estimate (MRE) and increase confidence in the exploration targets. This announcement is significant for the company’s operations as it aims to enhance its resource base, potentially strengthening its position in the mining industry and offering growth opportunities for stakeholders.
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 primarily targets tin, gold, copper, and base metals, with a market focus on expanding its mineral resource estimates and exploration targets.
Average Trading Volume: 721,261
Technical Sentiment Signal: Hold
Current Market Cap: A$59.06M
See more insights into SKY stock on TipRanks’ Stock Analysis page.