Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
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.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers.
Target Price
The average target price of SKY.AX is 0.08 and suggests 59% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d
Buy
Sell