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The latest announcement is out from Sky Metals Limited ( (AU:SKY) ).
Sky Metals Limited, a company listed on the Australian Securities Exchange, has issued 9,100,000 fully paid ordinary shares at a price of $0.065 per share, along with 12,550,000 performance rights. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant provisions of the Act. The announcement signifies a strategic move to potentially enhance the company’s capital structure and operational capabilities.
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
Average Trading Volume: 761,256
Technical Sentiment Signal: Sell
Current Market Cap: A$51.38M
See more insights into SKY stock on TipRanks’ Stock Analysis page.