Deep Yellow (OTCMKTS:DYLLF) Hits New 1-Year High - Here's What Happened

Key Points

• Deep Yellow Limited shares reached a new one-year high at $1.35, with a significant trading volume of 158,459 shares.
• The stock increased by 9.8% from its previous close of $1.23, reflecting positive market performance.
• Deep Yellow focuses on uranium exploration in Namibia, holding significant stakes in multiple projects including a 100% interest in the Reptile project.

Shares of Deep Yellow Limited (OTCMKTS:DYLLF - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $1.35 and last traded at $1.35, with a volume of 158459 shares traded. The stock had previously closed at $1.23.

Deep Yellow Stock Performance

The firm has a 50 day simple moving average of $1.12 and a 200-day simple moving average of $0.90.

About Deep Yellow

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.