Deep Yellow Limited (OTCMKTS:DYLLF – Get Free Report)’s stock price was up 5.2% on Wednesday after The Goldman Sachs Group upgraded the stock to a hold rating. The company traded as high as $1.2150 and last traded at $1.21. Approximately 16,342 shares traded hands during trading, a decline of 88% from the average daily volume of 133,990 shares. The stock had previously closed at $1.15.
Deep Yellow Stock Up 10.3%
The company’s 50 day moving average is $1.13 and its 200-day moving average is $1.12.
Deep Yellow Company Profile
Deep Yellow Limited is an Australia-based mineral exploration and development company focused on advancing uranium projects in Africa. Established in 1990 and headquartered in Perth, the company’s principal goal is to define and develop high-quality uranium resources to support global low-carbon energy solutions. Deep Yellow pursues a strategy of systematic exploration, resource delineation and feasibility studies aimed at delivering near-term production opportunities.
The company’s flagship assets are located in Namibia’s well-known uranium provinces, including the Tumas and Omahola project areas, where extensive drilling programs have identified significant mineralisation.
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