Canaccord Genuity analyst James Bullen maintained a Buy rating on Deep Yellow Limited (DYLLF – Research Report) on April 18 and set a price target of A$1.92. The company’s shares closed last Friday at $0.85.
According to TipRanks, Bullen is a 4-star analyst with an average return of 12.9% and a 54.31% success rate. Bullen covers the Energy sector, focusing on stocks such as Deep Yellow Limited, Beach Energy Limited, and Bannerman Energy.
Currently, the analyst consensus on Deep Yellow Limited is a Moderate Buy with an average price target of $1.07.
DYLLF market cap is currently $783.3M and has a P/E ratio of -86.22.
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DYLLF in relation to earlier this year.
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Deep Yellow Limited (DYLLF) Company Description:
Deep Yellow Ltd. is engaged in the acquisition, exploration, evaluation and development of uranium properties. It focuses on the exploration and pre-development activities in Namibia, Africa. The firm holds interest in The Reptile, The Yellow Dune Joint Venture and The Nova Joint Venture projects. The company was founded on March 26, 1985 and is headquartered in Perth, Australia.
