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Sky Metals Limited ( (AU:SKY) ) has provided an update.
Sky Metals Limited has retracted certain information from its investor presentation following discussions with the ASX, specifically concerning metal equivalents that did not meet JORC Code requirements. The updated announcement includes a Competent Persons Statement for the Doradilla Exploration Target, with the retracted information removed. This move ensures compliance and transparency, potentially impacting investor decisions and maintaining the company’s industry credibility.
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 operates in the mining industry, focusing on the exploration and development of tin resources. The company’s primary project, the Tallebung Tin Project, is an open-pit development aimed at meeting the growing demand for tin in semiconductors, electronics, and solar PV technologies. Located in central Western NSW, Tallebung is positioned to provide a secure tin supply with low-cost production advantages.
Average Trading Volume: 772,470
Technical Sentiment Signal: Buy
Current Market Cap: A$51.77M
Find detailed analytics on SKY stock on TipRanks’ Stock Analysis page.