Deep Yellow (OTCMKTS:DYLLF) Shares Down 5.1% - Here's What Happened

Key Points

• Deep Yellow Limited shares fell by 5.1%, trading as low as $1.29 before closing at $1.30, which is a decline from the previous close of $1.37.
• Trading volume was approximately 72,927 shares, representing a 38% decrease compared to its average daily volume of 118,209 shares.
• The company focuses on uranium exploration in Namibia and holds significant interests in multiple projects, including a 100% interest in the Reptile project.

Deep Yellow Limited (OTCMKTS:DYLLF - )'s share price dropped 5.1% during mid-day trading on Tuesday . The company traded as low as $1.29 and last traded at $1.30. Approximately 72,927 shares traded hands during trading, a decline of 38% from the average daily volume of 118,209 shares. The stock had previously closed at $1.37.

Deep Yellow Trading Down 5.1%

The business's 50 day moving average price is $1.12 and its 200-day moving average price is $0.91.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.