Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Sky Quarry, Inc. ( (SKYQ) ) has issued an announcement.
On January 12, 2026, Sky Quarry Inc. entered into a Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. that allows the company, at its discretion, to issue and sell up to $4.7 million of its common stock through at-the-market or other permitted transactions, with Cantor acting as principal and/or sales agent and earning a commission of up to 3% on gross proceeds. The shares, which may be sold from time to time under an effective shelf registration statement and related prospectus supplement filed with the SEC, give Sky Quarry additional flexibility to raise equity capital, although the company is under no obligation to sell any shares and retains the right to suspend or terminate the offering, potentially affecting future dilution and funding options for existing shareholders and other stakeholders.
The most recent analyst rating on (SKYQ) stock is a Hold with a $0.59 price target. To see the full list of analyst forecasts on Sky Quarry, Inc. stock, see the SKYQ Stock Forecast page.
Spark’s Take on SKYQ Stock
According to Spark, TipRanks’ AI Analyst, SKYQ is a Neutral.
The score is primarily weighed down by poor financial performance (sharp revenue decline, losses, and ongoing cash burn). Technicals are also weak with the stock trading below key moving averages and a negative MACD. Valuation is constrained by a negative P/E and no dividend yield, while recent corporate events provide only a limited positive offset.
To see Spark’s full report on SKYQ stock, click here.
More about Sky Quarry, Inc.
Average Trading Volume: 6,038,672
Technical Sentiment Signal: Buy
Current Market Cap: $12.22M
Find detailed analytics on SKYQ stock on TipRanks’ Stock Analysis page.