Deep Yellow Limited (AU:DYL)
ASX:DYL
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Deep Yellow Limited
(Sydney:DYL)
Select Model
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Rating:49Neutral
Price Target:
AU$2.00
▲(11.73% Upside)
Action:ReiteratedDate:03/17/26
The score is held back primarily by weak operating performance (no revenue, ongoing operating losses, and negative free cash flow) despite a strong, low-debt balance sheet. Technicals add further pressure with the stock trading below major moving averages and negative momentum. Valuation is also constrained by a negative P/E and no dividend support.
Positive Factors
Strong balance sheet / low leverage
Very low leverage and materially larger equity provide durable financial flexibility for a development-stage uranium company. This reduces refinancing risk, supports funding of capex and exploration, and gives management optionality to time project investment without urgent capital raises.
Negative Factors
Pre-revenue operational profile
Zero reported revenue in FY2025 highlights that core operations are not yet commercialized, limiting visibility on sustainable earnings. This forces reliance on external financing and elevates execution risk since cash generation from operations is not proven across market cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet / low leverage
Very low leverage and materially larger equity provide durable financial flexibility for a development-stage uranium company. This reduces refinancing risk, supports funding of capex and exploration, and gives management optionality to time project investment without urgent capital raises.
Read all positive factors
Deep Yellow Limited (DYL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$1.75B
Dividend YieldN/A
Average Volume (3M)5.36M
Price to Earnings (P/E)―
Beta (1Y)2.92
Revenue Growth-100.00%
EPS GrowthN/A
CountryAU
Employees25
SectorEnergy
Sector Strength52
IndustryUranium
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding975,531,400
10 Day Avg. Volume7,444,738
30 Day Avg. Volume5,358,238
Financial Highlights & Ratios
PEG Ratio-1.46
Price to Book (P/B)2.59
Price to Sales (P/S)0.00
P/FCF Ratio-36.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$2.26Price Target Upside26.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)-0.02
Revenue Forecast (FY)N/A
Deep Yellow Limited Business Overview & Revenue Model
Company Description
Deep Yellow Limited, together with its subsidiaries, operates as a uranium exploration company in Namibia. The company holds a 100% interest in the Reptile project, which covers an area of 896 square kilometers (km2); 65% interest in the Nova Join...
How the Company Makes Money
null...
Deep Yellow Limited Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
78
Positive
Cash Flow
34
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 15.95K | 38.46K | 51.57K | 56.13K |
| Gross Profit | -757.97K | -352.09K | 15.95K | 38.46K | 51.57K | 56.13K |
| EBITDA | -4.98M | -2.21M | -9.72M | -9.10M | -6.46M | -4.57M |
| Net Income | 1.85M | 7.16M | -10.64M | -10.12M | -6.83M | -4.82M |
Balance Sheet | ||||||
| Total Assets | 652.92M | 645.87M | 625.08M | 391.67M | 120.92M | 97.87M |
| Cash, Cash Equivalents and Short-Term Investments | 187.15M | 217.37M | 257.50M | 41.25M | 65.36M | 52.54M |
| Total Debt | 3.25M | 3.27M | 3.57M | 3.83M | 3.86M | 536.66K |
| Total Liabilities | 11.63M | 12.69M | 10.44M | 17.03M | 5.74M | 1.57M |
| Stockholders Equity | 641.29M | 633.18M | 614.64M | 374.64M | 115.18M | 96.30M |
Cash Flow | ||||||
| Free Cash Flow | -23.88M | -45.19M | -20.70M | -33.15M | -12.35M | -6.42M |
| Operating Cash Flow | 2.16M | 4.60M | -3.58M | -5.23M | -3.74M | -2.49M |
| Investing Cash Flow | 22.30M | 33.50M | -102.00M | -18.04M | -8.61M | -3.92M |
| Financing Cash Flow | 3.27M | 1.48M | 242.28M | -225.59K | 24.87M | 46.23M |
Deep Yellow Limited Technical Analysis
Negative
1.79
Price Trends
2.25
Negative
2.03
Negative
1.91
Negative
Market Momentum
-0.14
Negative
42.57
Neutral
76.96
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DYL, the sentiment is Negative. The current price of 1.79 is below the 20-day moving average (MA) of 1.82, below the 50-day MA of 2.25, and below the 200-day MA of 1.91, indicating a bearish trend. The MACD of -0.14 indicates Negative momentum. The RSI at 42.57 is Neutral, neither overbought nor oversold. The STOCH value of 76.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:DYL.
Deep Yellow Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
63 Neutral | AU$779.00M | -222.58 | -0.94% | ― | ― | 60.83% | |
58 Neutral | AU$5.11B | -41.88 | -4.87% | ― | ― | -163.65% | |
52 Neutral | AU$10.99B | -23.97 | -17.60% | ― | ― | -305.93% | |
49 Neutral | AU$1.75B | -57.60 | 0.29% | ― | -100.00% | ― | |
45 Neutral | AU$200.83M | -16.35 | -12.34% | ― | ― | -67.12% | |
43 Neutral | AU$1.42B | ― | 4.35% | ― | -100.00% | 98.06% |
* Energy Sector Average
AU:DYL
Deep Yellow Limited
1.79
0.98
120.99%
AU:PDN
Paladin Energy Ltd
11.38
7.25
175.54%
AU:BKY
Berkeley Energia
0.45
-0.09
-16.67%
AU:BMN
Bannerman Energy
3.75
1.77
89.39%
AU:ERA
Energy Resources of Australia Class A
―
―
―
AU:NXG
NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs
16.34
9.69
145.71%
Deep Yellow Limited Corporate Events
Deep Yellow trims potential dilution as unvested performance rights lapse
Mar 31, 2026
Deep Yellow Limited has notified the market of a change in its capital structure, advising that a tranche of performance rights on issue has ceased. The company reported that 248,781 performance rights, classified as DYLAQ securities, have lapsed ...
Deep Yellow Adjusts Capital Structure as Performance Rights Convert and Lapse
Mar 31, 2026
Deep Yellow Limited has issued 442,964 fully paid ordinary shares following the exercise of an equivalent number of performance rights under its Awards Plan. At the same time, 248,781 performance rights have lapsed in accordance with the plan̵...
Deep Yellow strengthens executive team with new Chief Legal Officer
Mar 8, 2026
Deep Yellow Limited has appointed experienced resources-sector legal executive Jennifer Mintz as Chief Legal Officer, bolstering its executive ranks as it transitions from uranium developer to producer. Mintz, who has a strong background in corpor...
Deep Yellow seeks ASX quotation for new share issuance
Feb 27, 2026
Deep Yellow Limited has applied for quotation on the ASX of 418,949 new ordinary fully paid shares, following the exercise of options or conversion of other securities. The additional shares, issued on 20 February 2026, will incrementally expand t...
Deep Yellow Issues Shares on Exercise of Performance Rights
Feb 27, 2026
Deep Yellow Limited has issued 418,949 fully paid ordinary shares following the exercise of an equal number of performance rights under its Awards Plan. The move modestly increases the company’s share capital and reflects the ongoing impleme...
Deep Yellow Appoints Gregory Field to Board with No Initial Shareholding
Feb 2, 2026
Deep Yellow Limited has notified the ASX that Gregory Field has been appointed as a director of the company effective 2 February 2026. According to the initial director’s interest notice, Field does not currently hold any securities or contr...
Deep Yellow Reshapes Leadership as Long-Serving Executive Director Steps Down
Feb 1, 2026
Deep Yellow Limited announced the resignation of Executive Director Gillian Swaby, effective immediately, with Swaby to remain as a consultant until the end of February 2026 after a 20-year tenure in which she played a central role in advancing th...
Deep Yellow Seeks ASX Quotation for 515,000 New Ordinary Shares
Jan 23, 2026
Deep Yellow Limited has applied to the Australian Securities Exchange for quotation of 514,877 new ordinary fully paid shares, issued on 16 January 2026. The modest share issue, arising from the exercise or conversion of existing securities, will ...
Deep Yellow Flags Lapse of 309,216 Performance Rights
Jan 23, 2026
Deep Yellow Limited has notified the ASX of the cessation of 309,216 performance rights, which lapsed on 5 January 2026 after the conditions attached to these rights were not met or became incapable of being satisfied. The lapse of these condition...
Deep Yellow Adjusts Capital Structure with Issue and Lapse of Performance Rights
Jan 23, 2026
Deep Yellow Limited has issued 514,877 fully paid ordinary shares following the exercise of an equivalent number of performance rights under its Awards Plan, while 309,216 performance rights have lapsed in accordance with the same plan. The move r...
Deep Yellow Reports Quarterly Cash Outflow as Uranium Development Spending Rises
Jan 21, 2026
Deep Yellow Limited reported a net cash outflow from operating activities of A$15.8 million for the quarter ended 31 December 2025, driven mainly by A$14.0 million in development expenditure, alongside staff and corporate costs partially offset by...
Deep Yellow Brings New CEO Greg Field Onboard Ahead of Key Tumas Uranium Decisions
Jan 13, 2026
Deep Yellow Limited has confirmed that newly appointed Managing Director and Chief Executive Officer Greg Field will commence in the role on 2 February 2026, earlier than initially expected, as the company approaches key decisions on its flagship ...
Deep Yellow Refocuses Uranium Exploration After Mixed Results at Tumas Palaeochannel
Jan 9, 2026
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 surfi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.