Deep Yellow (OTCMKTS:DYLLF) Shares Down 6.5% - Should You Sell?

Key Points

• Deep Yellow Limited (OTCMKTS:DYLLF) experienced a 6.5% decline in stock price on Tuesday, trading as low as $0.99 before closing at $1.00.
• The trading volume was significantly reduced, with only 22,770 shares changing hands, marking an 81% decrease from the average volume.
• Deep Yellow is involved in uranium exploration in Namibia and holds interests in several projects, including 100% ownership of the Reptile project.

Deep Yellow Limited (OTCMKTS:DYLLF - Get Free Report)'s share price traded down 6.5% on Tuesday . The stock traded as low as $0.99 and last traded at $1.00. 22,770 shares were traded during mid-day trading, a decline of 81% from the average session volume of 119,547 shares. The stock had previously closed at $1.07.

Deep Yellow Stock Down 2.7%

The company has a fifty day moving average of $1.06 and a two-hundred day moving average of $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.