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The latest announcement is out from Deep Yellow Limited ( (AU:DYL) ).
Deep Yellow Limited has issued 44,444 new fully paid ordinary shares following the exercise of options, allowing these shares to be traded immediately under the exemption provided by section 708A(5) of the Corporations Act 2001. This move signifies the company’s compliance with regulatory requirements and enhances its liquidity, potentially impacting its market positioning and offering opportunities for stakeholders.
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 mining industry, primarily focused on uranium exploration and development. The company is listed on the Australian Securities Exchange (ASX) and the Namibian Stock Exchange (NSX), with a market presence in both Australia and Namibia.
YTD Price Performance: 53.78%
Average Trading Volume: 5,606,297
Technical Sentiment Signal: Buy
Current Market Cap: A$1.68B
For detailed information about DYL stock, go to TipRanks’ Stock Analysis page.