Deep Yellow Limited (OTCMKTS:DYLLF – Get Free Report)’s share 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 trading hands.
Analyst Ratings Changes
Separately, Royal Bank Of Canada initiated coverage on Deep Yellow in a research report on Thursday, September 3rd. They set an “outperform” rating and a $2.05 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $1.92.
Read Our Latest Research Report on DYLLF
Deep Yellow Stock 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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