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An update from Deep Yellow Limited ( (AU:DYL) ) is now available.
Deep Yellow Limited has issued 514,877 fully paid ordinary shares following the exercise of an equivalent number of performance rights under its Awards Plan, while 309,216 performance rights have lapsed in accordance with the same plan. The move results in a modest change to the company’s capital structure and reflects ongoing operation of its equity-based incentive arrangements, with implications for existing shareholders through a slight increase in shares on issue and a reset of unvested performance rights for eligible participants.
The most recent analyst rating on (AU:DYL) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Deep Yellow Limited stock, see the AU:DYL Stock Forecast page.
More about Deep Yellow Limited
Deep Yellow Limited is an Australian-listed resources company focused on uranium exploration and development, with its shares traded on the ASX, NSX Namibia and OTCQX markets, positioning it within the global nuclear fuel supply chain.
Average Trading Volume: 5,312,452
Technical Sentiment Signal: Buy
Current Market Cap: A$2.17B
See more insights into DYL stock on TipRanks’ Stock Analysis page.