Deep Yellow (OTCMKTS:DYLLF) Shares Gap Up - Should You Buy?

Key Points

• Deep Yellow Limited shares experienced a gap up at market opening, starting at $1.52 after a previous close of $1.39, and last traded at $1.45 with a volume of 149,093 shares.
• The company's 50-day moving average price is noted at $1.19 and the 200-day moving average price at $0.98, indicating recent positive momentum.
• Deep Yellow operates primarily in uranium exploration in Namibia, holding significant stakes in various projects, including a 100% interest in the Reptile project.

Deep Yellow Limited (OTCMKTS:DYLLF - ) shares gapped up before the market opened on Tuesday . The stock had previously closed at $1.39, but opened at $1.52. Deep Yellow shares last traded at $1.45, with a volume of 149,093 shares traded.

Deep Yellow Stock Performance

The firm has a 50-day moving average price of $1.19 and a 200 day moving average price of $0.98.

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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