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Sky Metals Limited ( (AU:SKY) ) has provided an update.
Sky Metals Limited announced the issuance of 781,862 fully paid ordinary shares following the exercise of options at a price of A$0.064 per share. This move indicates the company’s compliance with relevant provisions of the Corporations Act and reflects its ongoing operational transparency, potentially impacting its market position and shareholder value.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.08 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 is a company operating in the mining industry, focusing on the exploration and development of mineral resources.
Average Trading Volume: 1,041,703
Technical Sentiment Signal: Hold
Current Market Cap: A$66.73M
For a thorough assessment of SKY stock, go to TipRanks’ Stock Analysis page.