Deep Yellow Limited (OTCMKTS:DYLLF – Get Free Report) shares were up 11.8% during trading on Tuesday. The company traded as high as $0.56 and last traded at $0.56. 8,515 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 76,606 shares. The stock had previously closed at $0.5010.
Analyst Ratings Changes
Separately, Royal Bank Of Canada began coverage on shares of Deep Yellow in a research report on Thursday, September 3rd. They set an “outperform” rating and a $2.05 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $1.92.
Read Our Latest Stock Analysis on DYLLF
Deep Yellow Stock Up 11.8%
The firm has a fifty day moving average price of $0.91 and a 200 day moving average price of $1.19.
About Deep Yellow
Deep Yellow Limited is an Australian uranium exploration and development company listed on the Australian Securities Exchange and traded over the counter in the United States under the symbol DYLLF. The company focuses on advancing uranium projects rather than operating a diversified mining or energy-services business.
Deep Yellow’s principal assets include the Tumas uranium project in Namibia and the Mulga Rock uranium project in Western Australia. Tumas is located in the Erongo uranium province, an established mining region, while Mulga Rock is situated in Western Australia’s Great Victoria Desert.
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