Shares of Deep Yellow Limited (OTCMKTS:DYLLF – Get Free Report) gapped down before the market opened on Wednesday. The stock had previously closed at $0.61, but opened at $0.56. Deep Yellow shares last traded at $0.56, with a volume of 69,600 shares changing hands.
Analyst Ratings Changes
Separately, Royal Bank Of Canada initiated coverage on Deep Yellow in a research note on Thursday, September 3rd. They set an “outperform” rating and a $2.05 price target on the stock. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $1.92.
Get Our Latest Research Report on DYLLF
Deep Yellow Stock Performance
The firm has a 50 day moving average price of $0.75 and a 200-day moving average price of $1.13.
Deep Yellow Company Profile
Deep Yellow Limited is an Australian uranium exploration and development company focused on advancing projects intended to supply uranium for the nuclear energy industry. Its activities include exploring, evaluating and developing uranium deposits; it is not primarily a uranium producer. The company’s project portfolio includes the Tumas uranium project in Namibia and the Mulga Rock project in Western Australia. These assets give Deep Yellow exploration and development interests in southern Africa and Australia.
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