Deep Yellow Limited (OTCMKTS:DYLLF – Get Free Report)’s stock price gapped down prior to trading on Thursday. The stock had previously closed at $0.8144, but opened at $0.74. Deep Yellow shares last traded at $0.74, with a volume of 18,150 shares changing hands.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada assumed coverage on shares of Deep Yellow in a report on Thursday, September 3rd. They set an “outperform” rating and a $2.05 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $1.92.
Check Out Our Latest Stock Report on Deep Yellow
Deep Yellow Trading Down 3.2%
About Deep Yellow
Deep Yellow Limited is an Australian uranium exploration and development company focused on advancing projects in Namibia and Australia. The company’s activities include mineral exploration, resource evaluation, feasibility studies, project development and the potential future production of uranium oxide for the nuclear energy industry.
Deep Yellow’s primary Namibian asset is the Tumas uranium project, located in the established uranium-producing region of the Erongo district. The company is working to develop Tumas as a conventional uranium mining and processing operation.
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