Shares of Deep Yellow Limited (OTCMKTS:DYLLF – Get Free Report) saw unusually-high trading volume on Tuesday. Approximately 95,130 shares were traded during mid-day trading, an increase of 30% from the previous session’s volume of 73,157 shares. The stock last traded at $0.6255 and had previously closed at $0.6489.
Analyst Upgrades and Downgrades
Separately, Royal Bank Of Canada initiated coverage on shares of Deep Yellow in a research note on Thursday, September 3rd. They issued an “outperform” rating and a $2.05 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $1.92.
Check Out Our Latest Stock Report on DYLLF
Deep Yellow Price Performance
Deep Yellow Company Profile
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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