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An update from Sky Metals Limited ( (AU:SKY) ) is now available.
Sky Metals Limited has requested a trading halt on its securities pending a significant announcement regarding a material capital raising. This move is intended to ensure an orderly market and provide investors with the necessary information before trading resumes, potentially impacting the company’s financial positioning and stakeholder interests.
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 primarily engaged in the production of metals, with a market focus on capitalizing on mineral deposits and expanding its resource base.
Average Trading Volume: 721,261
Technical Sentiment Signal: Hold
Current Market Cap: A$59.06M
See more data about SKY stock on TipRanks’ Stock Analysis page.