Sky Metals Limited (AU:SKY)
ASX:SKY
Want to see AU:SKY full AI Analyst Report?
SKY Stock Chart & Stats
AU$0.22
>-AU$0.01(-3.77%)
At close: 4:00 PM EST
AU$0.22
>-AU$0.01(-3.77%)
Day’s Range― - ―
52-Week RangeAU$0.04 - AU$0.27
Previous CloseN/A
Volume261.92K
Average Volume (3M)886.95K
Market Cap
AU$232.27M
Enterprise ValueAU$181.67M
Total Cash (Recent Filing)AU$4.70M
Total Debt (Recent Filing)AU$234.72K
Price to Earnings (P/E)―
Beta1.82
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding988,382,700
10 Day Avg. Volume714,988
30 Day Avg. Volume886,949
Financial Highlights & Ratios
PEG Ratio-0.81
Price to Book (P/B)1.82
Price to Sales (P/S)0.00
P/FCF Ratio-22.95
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.35Price Target Upside59.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Stronger Balance SheetSky Metals' materially larger equity base and rising assets provide a durable funding runway for an early-stage miner. Low leverage in 2024–2025 reduces refinancing and solvency risk, supporting continued exploration and project development without immediate operational revenue.
Improving Cash Flow TrendA large improvement in free cash flow reflects better cost control or lower capital spend, signaling improved operational discipline. While still negative, this trend reduces near-term external funding needs and increases the chance of reaching positive cash generation with continued execution.
Clear Pre-production ProfileConsistent no-revenue reporting aligns with an early-stage miner focused on exploration and development rather than premature commercialization. This conservatism limits earnings volatility from one-off items and clarifies capital allocation needs for investors and management over the medium term.
Bears Say
No Revenue BaseAbsence of operating revenue means the business cannot self-fund activities and remains dependent on capital markets or partners. Over a multi-month horizon this limits valuation-supporting cash generation and increases exposure to financing cycles and dilution risk if production timelines slip.
Widening LossesA sharp increase in net losses weakens the equity buffer and accelerates the need for external funding. Persistently widening deficits can erode capitalization, constrain project spending, and force dilutive financings or scaled-back programs, undermining long-term project delivery prospects.
Persistent Cash BurnOngoing negative operating cash flow and continued free-cash-flow deficits mean the company remains reliant on external financing. That structural cash burn elevates execution risk, shortens runway if markets tighten, and could compel capital raising that dilutes existing holders or delays development.
Sky Metals Limited News
SKY FAQ
What was Sky Metals Limited’s price range in the past 12 months?
Sky Metals Limited lowest share price was AU$0.04 and its highest was AU$0.27 in the past 12 months.
What is Sky Metals Limited’s market cap?
Sky Metals Limited’s market cap is AU$232.27M.
When is Sky Metals Limited’s upcoming earnings report date?
Sky Metals Limited’s upcoming earnings report date is Sep 24, 2026 which is in 113 days.
How were Sky Metals Limited’s earnings last quarter?
Sky Metals Limited released its earnings results on Mar 04, 2026. The company reported -AU$0.002 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.002.
Is Sky Metals Limited overvalued?
According to Wall Street analysts Sky Metals Limited’s price is currently Undervalued.
Does Sky Metals Limited pay dividends?
Sky Metals Limited does not currently pay dividends.
What is Sky Metals Limited’s EPS estimate?
Sky Metals Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Sky Metals Limited have?
Sky Metals Limited has 988,382,700 shares outstanding.
What happened to Sky Metals Limited’s price movement after its last earnings report?
Sky Metals Limited reported an EPS of -AU$0.002 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -5.714%.
Which hedge fund is a major shareholder of Sky Metals Limited?
Currently, no hedge funds are holding shares in AU:SKY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Sky Metals Limited Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.35 (59.09% Upside)
AU$0.35 (59.09% Upside)
Blogger Sentiment
Bullish
AU:SKY Sentiment 100%
Sector Average ―
Sector Average ―
Technicals
SMA
Positive
20 days / 200 days
Momentum
47.05%
12-Months-Change
Fundamentals
Return on Equity
-20.15%
Trailing 12-Months
Asset Growth
16.58%
Trailing 12-Months
Company Description
Sky Metals Limited
Sky Metals Limited engages in the exploration and development of mineral resources in Australia. The company primarily explores for gold, copper, tin, tungsten, copper, bismuth, indium, nickel, cobalt, silver, lead, and zinc deposits. It holds interest in the Cullarin, Caledonian, Galwadgere, Iron Duke, Doradilla, Tallebung, Tirrana, Narraih, New England, and Kangiara projects located in New South Wales. The company was formerly known as Planet Gas Limited and changed its name to Sky Metals Limited in June 2019. Sky Metals Limited was incorporated in 2001 and is based in Orange, Australia.
SKY Stock 12 Month Forecast
Average Price Target
AU$0.35
▲(59.09% Upside)
Technical Analysis
Nexus Minerals Ltd.
―
Auric Mining Ltd.
―
Golden Rim Resources Ltd
―
Koonenberry Gold Limited
―
Australian Gold & Copper Ltd.
―
Options Prices
Currently, No data available
---