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The latest update is out from Sky Metals Limited ( (AU:SKY) ).
Sky Metals Limited has requested an immediate trading halt on its securities on the ASX as it prepares to announce a material capital raising. Trading in SKY shares will remain halted until the earlier of the capital raising announcement being released or the commencement of normal trading on 13 February 2026, signalling an imminent funding move that could affect the company’s capital structure and investor positioning.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.32 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 an Australian-listed resources company focused on mineral exploration and development. The company is traded on the ASX under the ticker SKY and operates projects from its base in Orange, New South Wales, targeting growth through capital market activities and project advancement.
Average Trading Volume: 2,039,089
Technical Sentiment Signal: Buy
Current Market Cap: A$137.5M
See more insights into SKY stock on TipRanks’ Stock Analysis page.