Shares of Deep Yellow Limited (OTCMKTS:DYLLF – Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $0.8472 and last traded at $0.94, with a volume of 53100 shares. The stock had previously closed at $0.9426.
Analyst Ratings Changes
Several research analysts have recently commented on the stock. Jefferies Financial Group raised shares of Deep Yellow from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 5th. Royal Bank Of Canada began coverage on Deep Yellow in a report on Thursday, September 3rd. They issued an “outperform” rating and a $2.05 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $1.92.
Get Our Latest Stock Report on DYLLF
Deep Yellow Stock Down 0.9%
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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