Deep Yellow (OTCMKTS:DYLLF) Hits New 1-Year High - Should You Buy?

Key Points

• Deep Yellow Limited shares reached a new 52-week high of $1.41 before closing at $1.27, with a trading volume of 46,590 shares.
• The company operates as a uranium exploration company in Namibia, holding interests in multiple projects covering a total area of over 1,600 square kilometers.
• The stock has shown an increase of 2.3% amid a rising trend with its 50-day and 200-day moving averages at $1.13 and $0.92, respectively.

Deep Yellow Limited (OTCMKTS:DYLLF - ) shares hit a new 52-week high on Thursday . The company traded as high as $1.41 and last traded at $1.27, with a volume of 46590 shares changing hands. The stock had previously closed at $1.29.

Deep Yellow Trading Up 2.3%

The business's 50-day simple moving average is $1.13 and its 200 day simple moving average is $0.92.

Deep Yellow Company Profile

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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