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Deep Yellow (OTCMKTS:DYLLF) Trading Down 6.8% - Here's Why

Deep Yellow logo with Basic Materials background

Key Points

  • Deep Yellow Limited's stock price fell by 6.8% to $1.07 after trading as low as $1.05, with a volume drop of 68% compared to its average session volume.
  • The company's 50-day moving average is $1.24, while its 200-day moving average is $1.02, indicating a potential downtrend.
  • Deep Yellow operates as a uranium exploration company in Namibia, holding various interests in significant mining projects, including a 100% interest in the Reptile project.
  • Five stocks we like better than Deep Yellow.

Deep Yellow Limited (OTCMKTS:DYLLF - Get Free Report)'s share price fell 6.8% during trading on Friday . The stock traded as low as $1.05 and last traded at $1.07. 41,876 shares were traded during mid-day trading, a decline of 68% from the average session volume of 132,248 shares. The stock had previously closed at $1.15.

Deep Yellow Price Performance

The company's 50 day moving average is $1.24 and its 200 day moving average is $1.02.

About Deep Yellow

(Get Free Report)

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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