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Deep Yellow Limited ( (AU:DYL) ) has provided an announcement.
Deep Yellow Limited reported exploration results for the December 2025 quarter across its key uranium projects in Namibia and Australia, confirming the presence of the Tumas palaeochannel on EPL 3496 but encountering only isolated, low-grade surficial uranium mineralisation, leading the company to deem the tested 7km corridor largely drilled out with limited discovery potential. In contrast, drilling and geophysical work at the Alligator River and Mulga Rock projects highlighted an extensive hydrothermal alteration system at the Q14 anomaly with intersections comparable to known high-grade deposits, and the completion of gravity and seismic surveys, signalling a strategic shift of 2026 exploration efforts toward more prospective basement-hosted uranium targets and reinforcing the company’s longer-term resource growth ambitions.
The most recent analyst rating on (AU:DYL) stock is a Hold with a A$2.00 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 ASX- and NSX-listed uranium exploration and development company with assets in Namibia and Australia. The company focuses on advancing uranium projects such as the Tumas palaeochannel in Namibia, the Alligator River Project in the Northern Territory, and the Mulga Rock Project in Western Australia, targeting both calcrete and basement-hosted uranium mineralisation for future supply into global nuclear fuel markets.
Average Trading Volume: 5,788,839
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2B
Learn more about DYL stock on TipRanks’ Stock Analysis page.