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Sky Metals Limited ( (AU:SKY) ) has issued an update.
Sky Metals Limited has applied to the ASX for quotation of 26.5 million new fully paid ordinary shares, following the conversion or exercise of existing options or other convertible securities. The issuance, dated 19 January 2026, will expand the company’s quoted share capital, potentially affecting ownership dilution and liquidity for existing shareholders as the additional securities commence trading on the market.
The most recent analyst rating on (AU:SKY) stock is a Hold with a A$0.14 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: 1,180,273
Technical Sentiment Signal: Buy
Current Market Cap: A$119.6M
For detailed information about SKY stock, go to TipRanks’ Stock Analysis page.