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

Key Points

• Deep Yellow Limited's share price gapped down from a previous close of $0.95 to open at $0.90, and traded at $0.94 with a volume of 28,650 shares.
• The stock has a 50-day moving average of $1.06 and a 200-day moving average of $0.83, indicating potential trends in its price performance.
• Deep Yellow operates mainly as a uranium exploration company in Namibia, holding significant interests in multiple projects across the region.

Deep Yellow Limited (OTCMKTS:DYLLF - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $0.95, but opened at $0.90. Deep Yellow shares last traded at $0.94, with a volume of 28,650 shares changing hands.

Deep Yellow Stock Up 7.1%

The company's fifty day simple moving average is $1.06 and its two-hundred day simple moving average is $0.83.

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.