In a report released today, James Williamson from Bell Potter maintained a Buy rating on Sky Metals Limited, with a price target of A$0.35.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Williamson is a 4-star analyst with an average return of 17.3% and a 50.00% success rate. Williamson covers the Basic Materials sector, focusing on stocks such as PLS Group, Mineral Resources Limited, and Fenix Resources Limited.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sky Metals Limited with a A$0.35 average price target.
Based on Sky Metals Limited’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of A$1.47 million. In comparison, last year the company had a GAAP net loss of A$1.37 thousand
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SKY in relation to earlier this year.
