Deep Yellow (OTCMKTS:DYLLF) Trading Down 6.3% – Here’s Why

Deep Yellow Limited (OTCMKTS:DYLLF – Get Free Report)’s share price traded down 6.3% during mid-day trading on Thursday . The company traded as low as $1.10 and last traded at $1.1150. 28,545 shares were traded during trading, a decline of 79% from the average session volume of 133,547 shares. The stock had previously closed at $1.19.

Analyst Ratings Changes

Separately, The Goldman Sachs Group began coverage on Deep Yellow in a report on Wednesday. They set a “neutral” rating and a $1.85 price objective for the company. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $1.85.

Get Our Latest Research Report on Deep Yellow

Deep Yellow Price Performance

The stock has a 50-day simple moving average of $1.14 and a 200-day simple moving average of $1.12.

About Deep Yellow

(Get Free Report)

Deep Yellow Limited, together with its subsidiaries, operates as a uranium exploration company in Namibia. The company holds a 100% interest in the Reptile project, which covers an area of 896 square kilometers (km2); 65% interest in the Nova Joint Venture covering an area of 599 km2; and 85% interest in the Yellow Dune Joint Venture covering an area of 190 km2.

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