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Sky Metals Limited
(Sydney:SKY)
Sky Metals Limited (SKY) vs. iShares MSCI Australia ETF (EWA)
Sky Metals Limited Business Overview & Revenue Model
Sky Metals Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -133.99K | -133.99K | -142.81K | -144.51K | -149.75K | -88.81K |
| EBITDA | -1.70M | -2.99M | -1.97K | ― | ― | ― |
| Net Income | -3.15M | -3.15M | -2.03K | ― | ― | ― |
Balance Sheet | ||||||
| Total Assets | 21.94M | 21.94M | 18.42M | 15.51K | 21.54K | 17.28K |
| Cash, Cash Equivalents and Short-Term Investments | 3.43M | 3.43M | 3.26M | 3.83K | 4.60K | 3.53K |
| Total Debt | 276.77K | 277.00 | 352.47K | 418.22K | 505.79K | 59.98K |
| Total Liabilities | 1.48M | 1.48M | 1.28M | 665.00 | 983.00 | 641.00 |
| Stockholders Equity | 20.46M | 20.46M | 17.14M | 14.48K | 20.54K | 16.62K |
Cash Flow | ||||||
| Free Cash Flow | -867.00K | -1.62M | -4.56M | -3.90K | -4.00K | -6.70K |
| Operating Cash Flow | -847.73K | -1.60M | -1.31M | -987.00 | -1.22K | -836.00 |
| Investing Cash Flow | -4.82M | -4.82M | -3.21M | -2.94K | -2.89K | -3.89K |
| Financing Cash Flow | 5.60M | 5.60M | 3.94M | 3.17K | 5.18K | -55.00 |
Sky Metals Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | AU$59.87M | 22.22 | 10.47% | ― | -6.77% | -18.18% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | AU$71.36M | -61.63 | -3.30% | ― | ― | 6.52% | |
52 Neutral | AU$146.09M | -36.17 | -16.76% | ― | ― | ― | |
50 Neutral | AU$168.33M | -70.00 | -5.37% | ― | ― | ― | |
47 Neutral | AU$35.96M | -9.72 | -13.66% | ― | ― | 50.00% |
Sky Metals Limited Corporate Events
Sky Metals Limited has disclosed a change in the indirect holdings of director Norman Seckold through several associated entities, including Altinova Nominees, Seckold Pty Ltd, Permgold Pty Ltd, Evenlen Pty Ltd and Cavefair Pty Ltd. The filing to the ASX details the acquisition of an additional 1,250,000 fully paid ordinary shares by Seckold Pty Ltd, increasing Seckold’s overall indirect equity exposure to the company and signalling a further alignment of the director’s financial interests with those of shareholders.
The most recent analyst rating on (AU:SKY) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited has disclosed a change in Director Oliver Davies’ interests, with 1,250,000 performance rights converting into an equivalent number of fully paid ordinary shares at no cash consideration. Following this conversion, Davies’ holding increased to 19,283,191 fully paid ordinary shares, reflecting the vesting of incentive securities and signalling a shift from performance-based instruments to ordinary equity in the company’s director remuneration mix.
The most recent analyst rating on (AU:SKY) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited has reported a change in the indirect holdings of director Rimas Kairaitis, made through his associated entity Smiff Pty Ltd. The company disclosed that 1,250,000 performance rights held by Kairaitis were converted into 1,250,000 fully paid ordinary shares at no cash consideration, lifting his indirect shareholding to 19,895,981 ordinary shares and removing those performance rights from his holdings. This administrative adjustment, carried out outside a closed trading period, reflects the vesting of existing incentives rather than a new capital raising, slightly increasing the director’s direct equity exposure and aligning his interests more closely with those of shareholders.
The most recent analyst rating on (AU:SKY) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited has reported a change in the indirect holdings of director Richard Hill, involving entities through which he holds interests, including Silverpeak Nominees Pty Ltd and the Switchkickers Super Fund. The transaction saw the conversion of 1,250,000 performance rights into fully paid ordinary shares at nil cash consideration, resulting in Silverpeak Nominees increasing its holding to 15,550,000 fully paid ordinary shares while the performance rights were cancelled. The disclosure, made in accordance with ASX requirements, reflects a shift in the composition of Hill’s equity interests from performance-based securities to ordinary shares, but does not indicate any change in his overall engagement with the company or broader strategic direction.
The most recent analyst rating on (AU:SKY) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited has reported a change in director Scott Todd’s relevant interests in the company’s securities following the conversion of performance rights into equity. Through the S & W Todd Family Pty Ltd and Todd Family Trust, Todd exchanged 1,250,000 performance rights (with a $0.16 exercise price and November 2028 expiry) for 1,250,000 fully paid ordinary shares issued for no cash consideration, increasing his indirect shareholding to 2,250,000 ordinary shares while leaving 1,500,000 performance rights (expiring June 2027) on issue. The transaction reflects the vesting of incentive securities into ordinary equity, modestly increasing the director’s aligned, long-term ownership stake in the company without diluting value through a cash-raising event.
The most recent analyst rating on (AU:SKY) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited has applied for quotation of 8.2 million new fully paid ordinary shares on the ASX, expanding its listed securities on the exchange. The issuance, arising from the exercise or conversion of existing options or other convertible securities, modestly increases the company’s share base and could provide additional capital flexibility, with implications for existing shareholders through dilution and for the company’s capacity to fund ongoing activities.
The most recent analyst rating on (AU:SKY) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited has announced the expiry of 1,100,000 performance rights (ASX code: SKYAZ) that were due to expire on 1 July 2026, which have now lapsed unexercised as of 30 January 2026. The cessation of these performance rights reduces the pool of potential equity dilution for existing shareholders and slightly simplifies the company’s capital structure, though it does not involve any immediate cash inflow or change to issued ordinary share capital.
The most recent analyst rating on (AU:SKY) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals has launched a major multi-rig drilling program of more than 100 holes at its Tallebung Tin Project in New South Wales to extend high-grade tin-silver-tungsten zones, support an updated Mineral Resource Estimate and gather geotechnical data for mine design, with the revised resource and initial mining studies expected in early 2026. Parallel bulk metallurgical testwork at Tallebung and a recent breakthrough in producing a saleable tin concentrate at the Doradilla Tin Project underscore the company’s push to establish a second development asset, while strengthened leadership, board participation in funding and a $4.7m cash balance provide the financial and organisational backing to sustain accelerated drilling, studies and permitting into 2026.
The most recent analyst rating on (AU:SKY) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited reported its quarterly cash flow for the period ended 31 December 2025, showing a net cash outflow from operating activities of A$449,000 and from investing activities of A$1.464 million, driven mainly by capitalised exploration and evaluation spending. The company partially offset these outflows with A$592,000 in proceeds from equity issues during the quarter, contributing to a six‑month total of A$5.885 million raised, and ended the period with A$4.701 million in cash and cash equivalents, underscoring its continued reliance on equity funding to support an intensive exploration program and maintain liquidity for its ongoing projects.
The most recent analyst rating on (AU:SKY) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited has notified the ASX of a change in director Scott Todd’s indirect interests, reflecting an internal reclassification of his holdings within the company’s capital structure. Through the S & W Todd Family Pty Ltd and Todd Family Trust, Todd has converted 1,000,000 performance rights into 1,000,000 fully paid ordinary shares at no cash consideration, leaving him with a balance of 1,250,000 remaining performance rights at $0.16 expiring in November 2028 and 1,500,000 performance rights expiring in June 2027. The transaction, effected via the issue of shares upon conversion of performance rights, does not alter the total number of securities under his control but shifts his exposure from conditional rights to ordinary equity, aligning his interests more directly with existing shareholders.
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.
Sky Metals Limited has disclosed a change in director Richard Hill’s indirect interests, with entities associated with him consolidating and simplifying his equity exposure to the company. Through Silverpeak Nominees Pty Ltd and the Switchkickers Super Fund, Hill’s holding has shifted from a mix of fully paid ordinary shares and multiple tranches of performance rights to a larger direct shareholding via the conversion of certain performance rights into 4.4 million fully paid ordinary shares at no cash consideration. Following the transaction, Silverpeak Nominees now holds 14.3 million shares and a reduced number of performance rights, indicating a move from contingent, performance-based equity to a more straightforward ownership structure, which may align his interests more directly with ordinary shareholders by increasing his exposure to the company’s share price performance.
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.
Sky Metals Limited has reported a change in the interests of director Rimas Kairaitis, who holds his stake indirectly through Smiff Pty Ltd. Following the conversion of several tranches of performance rights into equity, Kairaitis acquired 4.4 million fully paid ordinary shares at no cash consideration and simultaneously saw the cancellation of multiple performance rights series, leaving him with 18,645,981 fully paid ordinary shares and 1,250,000 remaining performance rights. The transaction, executed via the issue of shares upon conversion of performance rights, simplifies the director’s incentive structure and modestly increases his direct equity exposure, aligning his interests more closely with those of shareholders.
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.
Sky Metals Limited has disclosed a change in the holdings of director Oliver Davies, who has increased his direct interest in the company to 18,033,191 fully paid ordinary shares and now holds 1,250,000 performance rights expiring in November 2028. The change arises from the conversion and expiry of a series of performance rights into 7,000,000 fully paid ordinary shares at no cash consideration, simplifying Davies’ equity position and underscoring the company’s continued use of performance-based equity incentives to align director interests with shareholder outcomes.
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.
Sky Metals Limited has notified the ASX of changes in the indirect holdings of director Norman Seckold through various associated entities, including Altinova Nominees, Seckold Pty Ltd, Permgold Pty Ltd, Evenlen Pty Ltd and Cavefair Pty Ltd. The disclosure details the structure of Seckold’s indirect interests and the number and type of securities previously held, providing transparency around director-related shareholdings and performance rights as at 20 January 2026, in line with corporate governance and continuous disclosure requirements for stakeholders monitoring board alignment and insider ownership.
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.
Sky Metals Limited has issued 26.5 million fully paid ordinary shares following the conversion of performance rights, increasing its share base without undertaking a separate disclosure document to investors. The company confirmed it remains fully compliant with its financial reporting and continuous disclosure obligations under the Corporations Act and stated that there is no excluded information requiring disclosure, providing assurance to shareholders and the market regarding the transparency and regulatory standing of the new share issue.
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.
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.
Sky Metals has reported a series of exceptional shallow high‑grade tin and silver intercepts, with associated tungsten, from the first batch of assays in its ongoing multi‑rig drilling campaign at the Tallebung Tin Project in NSW. The results show multiple thick and high‑grade zones and confirm that the deposit remains open in all directions, as reverse circulation drilling expands high‑grade tin‑silver‑tungsten areas and infill holes are completed to support an updated mineral resource estimate. Diamond drilling is also underway to collect structural and geotechnical data for mine design, with a third rig due to start in February, keeping the company on track to release an upgraded resource and mining studies in the first half of the year based on more than 400 drill holes. Management frames these results against record tin and strong silver and tungsten prices, positioning Tallebung as a premier near‑term development opportunity and potentially enhancing Sky Metals’ growth prospects as it advances toward possible production.
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.
Sky Metals Limited has notified the market that 7,850,000 performance rights (ASX code SKYAO) expiring on 12 January 2026 have lapsed without being exercised or converted. The cessation of these securities, disclosed via an Appendix 3H filing, results in a reduction of the company’s outstanding performance rights, slightly simplifying its capital structure and potentially trimming future dilution for existing shareholders.
The most recent analyst rating on (AU:SKY) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited has issued a total of 3.75 million unquoted performance rights under its employee incentive scheme, comprising 2.25 million rights expiring on 27 November 2028 and 1.5 million rights expiring on 30 June 2027. The move strengthens the company’s long-term incentive framework by rewarding staff based on future performance, which may help Sky Metals attract and retain key talent in a competitive resources sector while further aligning management interests with those of shareholders.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited has appointed Scott Todd as Executive Director – Project Development to expedite permitting, construction, and operations for the Tallebung Tin Project. His extensive experience in mining, leadership roles, and handling state-significant projects positions the company to unlock significant value for shareholders and solidify its presence in the growing tin market.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited has announced advancements in its Tallebung Tin Project in New South Wales, highlighting a significant and expanding resource base. The company aims to leverage cutting-edge technology and efficient development processes to capitalize on the growing demand for tin. This strategic move is expected to enhance Sky Metals’ operational capabilities and strengthen its position within the mining sector, potentially benefiting stakeholders through increased resource confidence and future production potential.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited announced a change in the director’s interest, specifically involving Norman Seckold, who holds indirect interests through various entities. The update reflects a change in the number of securities held by these entities, which could impact the company’s governance and stakeholder confidence.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited has announced a change in the director’s interest, specifically involving Richard Hill. The update reveals that Mr. Hill, through Silverpeak Nominees Pty Ltd and the Switchkickers Super Fund, has acquired additional performance rights and fully paid ordinary shares. This change reflects an increased stake in the company, potentially signaling confidence in the company’s future prospects and aligning the director’s interests with those of the shareholders.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited has announced a change in the director’s interest, specifically regarding Rimas Kairaitis, who holds indirect interests through Smiff Pty Ltd. The announcement details the acquisition of additional performance rights following shareholder approval at the 2025 AGM, reflecting ongoing adjustments in the company’s executive compensation structure.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited has announced a change in the director’s interest, with Oliver Davies acquiring additional securities. This adjustment, involving the acquisition of 400,000 fully paid ordinary shares and performance rights, reflects a strategic move following shareholder approval at the 2025 AGM, potentially impacting the company’s operational strategies and stakeholder interests.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited, a company listed on the Australian Securities Exchange, has issued 9,100,000 fully paid ordinary shares at a price of $0.065 per share, along with 12,550,000 performance rights. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant provisions of the Act. The announcement signifies a strategic move to potentially enhance the company’s capital structure and operational capabilities.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited announced the quotation of 9,100,000 ordinary fully paid securities on the ASX, marking a significant step in their financial operations. This move is part of a previously announced transaction, potentially impacting the company’s market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited is accelerating its drilling program at the Tallebung Tin Project by mobilizing a second drill rig to test high-grade silver-tin zones. This initiative aims to expand resource growth and improve confidence in the mineralization, with first assay results expected in December. The company is also advancing mine development studies, supported by strong board backing and funding, with an updated Mineral Resource Estimate and mining studies scheduled for early next year.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited held its Annual General Meeting on November 10, 2025, where several resolutions were passed with significant shareholder support. Key resolutions included the adoption of the remuneration report, re-election of directors, and approval of share issuances and performance rights to related parties. The successful passage of these resolutions indicates strong shareholder confidence and positions the company for future strategic initiatives.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
Sky Metals Limited has initiated a major new drilling program at its Tallebung Tin Project in New South Wales, aiming to expand high-grade tin-silver-tungsten zones discovered in a previous successful drilling campaign. The program includes over 100 drill holes targeting extensions of high-grade zones and in-fill drilling to update the Mineral Resource Estimate, with results expected to be progressively reported. This initiative is part of Sky Metals’ strategy to advance the project towards development, supported by ongoing metallurgical and environmental studies.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.