Deep Yellow Limited (OTCMKTS:DYLLF – Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $1.32, but opened at $1.22. Deep Yellow shares last traded at $1.23, with a volume of 94,950 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group lowered Deep Yellow from a “hold” rating to a “moderate sell” rating and set a $1.85 price target for the company. in a research note on Monday, February 16th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $1.85.
Get Our Latest Research Report on DYLLF
Deep Yellow Trading Down 0.8%
Deep Yellow Company Profile
Deep Yellow Limited is an Australia-based mineral exploration and development company focused on advancing uranium projects in Africa. Established in 1990 and headquartered in Perth, the company’s principal goal is to define and develop high-quality uranium resources to support global low-carbon energy solutions. Deep Yellow pursues a strategy of systematic exploration, resource delineation and feasibility studies aimed at delivering near-term production opportunities.
The company’s flagship assets are located in Namibia’s well-known uranium provinces, including the Tumas and Omahola project areas, where extensive drilling programs have identified significant mineralisation.
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