Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.