Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Deep Yellow Limited ( (AU:DYL) ) has issued an update.
Deep Yellow Limited has announced significant progress in the development of its Tumas Project, with key agreements for power and water supply being executed and advanced. The company has finalized a power supply agreement with NamPower, which includes a dedicated power line and an onsite solar farm to meet the project’s energy needs. Additionally, water supply arrangements are being negotiated with NamWater, with a pipeline design already completed. These developments are crucial steps toward derisking the project and preparing for a final investment decision, positioning Deep Yellow favorably in the uranium market.
The most recent analyst rating on (AU:DYL) stock is a Buy with a A$1.98 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 a company operating in the uranium mining industry, focusing on the development of uranium projects. Its primary project is the Tumas Project, which is a greenfield uranium project located in Namibia.
Average Trading Volume: 5,638,735
Technical Sentiment Signal: Buy
Current Market Cap: A$1.88B
For detailed information about DYL stock, go to TipRanks’ Stock Analysis page.