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

Key Points

• Deep Yellow Limited (OTCMKTS:DYLLF) shares gapped down from a previous close of $1.28 to open at $1.18, indicating a 2.1% decline in trading performance.
• The company, specializing in uranium exploration, has a significant interest in various projects in Namibia, including a 100% interest in the Reptile project.
• As of the latest trading, Deep Yellow had a 50-day simple moving average of $1.09 and a 200-day simple moving average of $0.87, suggesting long-term price trends.

Deep Yellow Limited (OTCMKTS:DYLLF - Get Free Report)'s share price gapped down prior to trading on Thursday . The stock had previously closed at $1.28, but opened at $1.18. Deep Yellow shares last traded at $1.18, with a volume of 800 shares traded.

Deep Yellow Price Performance

The stock has a 50-day simple moving average of $1.10 and a two-hundred day simple moving average of $0.89.

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.