Shares of Deep Yellow Limited (OTCMKTS:DYLLF – Get Free Report) gapped down prior to trading on Thursday. The stock had previously closed at $0.88, but opened at $0.8160. Deep Yellow shares last traded at $0.8080, with a volume of 4,000 shares.
Analysts Set New Price Targets
A number of research firms have recently weighed in on DYLLF. Jefferies Financial Group upgraded shares of Deep Yellow from a “hold” rating to a “strong-buy” rating in a report on Friday, June 5th. Royal Bank Of Canada began coverage on shares of Deep Yellow in a report on Thursday, September 3rd. They issued an “outperform” rating and a $2.05 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $1.92.
Get Our Latest Stock Report on Deep Yellow
Deep Yellow Stock Down 6.8%
About Deep Yellow
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.
See Also
- Five stocks we like better than Deep Yellow
- First Watch’s Growth Story Meets a Reality Check
- Down 50% and Climbing Again: 3 AI Stocks Rebuilding After Brutal Pullbacks
- Micron’s Earnings Reveal Why the AI Memory Boom May Last Longer
- Hobby Boom or Travel Bust? Here Are 3 Stocks to Ride the Trend
Receive News & Ratings for Deep Yellow Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deep Yellow and related companies with MarketBeat.com's FREE daily email newsletter.
