The Goldman Sachs Group upgraded shares of Deep Yellow (OTCMKTS:DYLLF – Free Report) to a hold rating in a report released on Wednesday morning,Zacks.com reports.
Deep Yellow Price Performance
Shares of DYLLF stock opened at $1.24 on Wednesday. The firm has a 50-day moving average price of $1.13 and a 200 day moving average price of $1.12. Deep Yellow has a twelve month low of $0.45 and a twelve month high of $1.72.
About Deep Yellow
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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