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

Key Points

• Deep Yellow Limited shares experienced a significant decline, gapping down from a previous close of $1.47 to open at $1.23 and last trading at $1.18, reflecting a 21.4% decrease.
• The company's fifty day simple moving average is reported at $1.23, while the 200 day simple moving average stands at $1.01.
• Deep Yellow operates as a uranium exploration company in Namibia, holding various interests in projects covering significant areas in the region.

Deep Yellow Limited (OTCMKTS:DYLLF - ) gapped down prior to trading on Monday . The stock had previously closed at $1.47, but opened at $1.23. Deep Yellow shares last traded at $1.18, with a volume of 444,938 shares trading hands.

Deep Yellow Trading Down 21.4%

The business has a fifty day simple moving average of $1.23 and a 200 day simple moving average of $1.01.

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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