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The latest update is out from Deep Yellow Limited ( (AU:DYL) ).
Deep Yellow Limited has announced that Van Eck Associates Corporation (VEAC) and its associates have become substantial holders in the company, acquiring a 5.02% voting power through ordinary shares. This development indicates a significant investment by VanEck, which could influence the company’s decision-making and potentially impact its market positioning, reflecting confidence in Deep Yellow’s future prospects.
The most recent analyst rating on (AU:DYL) stock is a Buy with a A$1.92 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
Average Trading Volume: 6,096,612
Technical Sentiment Signal: Buy
Current Market Cap: A$1.63B
For detailed information about DYL stock, go to TipRanks’ Stock Analysis page.