Deep Yellow Limited (OTCMKTS:DYLLF – Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $0.95, but opened at $0.8750. Deep Yellow shares last traded at $0.90, with a volume of 2,611 shares traded.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group upgraded shares of Deep Yellow from a “hold” rating to a “strong-buy” rating in a report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $1.85.
Get Our Latest Stock Report on Deep Yellow
Deep Yellow Trading Down 0.6%
About Deep Yellow
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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