Deep Yellow Limited (OTCMKTS:DYLLF – Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $0.9450, but opened at $0.8628. Deep Yellow shares last traded at $0.90, with a volume of 4,225 shares trading hands.
Analysts Set New Price Targets
A number of brokerages recently issued reports on DYLLF. Royal Bank Of Canada initiated coverage on Deep Yellow in a report on Thursday, September 3rd. They issued an “outperform” rating and a $2.05 price objective for the company. Jefferies Financial Group upgraded Deep Yellow from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $1.92.
Check Out Our Latest Stock Analysis on DYLLF
Deep Yellow Stock Performance
Deep Yellow Company Profile
Deep Yellow Limited is an Australian uranium exploration and development company focused on advancing projects in Namibia and Western Australia. The company is listed on the Australian Securities Exchange under the symbol DYL, with its shares also traded over the counter in the United States under the symbol DYLLF.
Deep Yellow’s principal Namibian asset is the Tumas uranium project, located in the established uranium-producing Erongo region. The company is working to develop Tumas into a uranium mining and processing operation, subject to project approvals, financing and construction.
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