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Deep Yellow Limited
(Sydney:DYL)
Deep Yellow Limited (DYL) vs. iShares MSCI Australia ETF (EWA)
Deep Yellow Limited Business Overview & Revenue Model
Deep Yellow Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 15.95K | 38.46K | 51.57K | 56.13K |
| Gross Profit | -718.31K | -352.09K | 15.95K | 38.46K | 51.57K | 56.13K |
| EBITDA | -2.04M | -2.21M | -9.72M | -9.10M | -6.46M | -4.57M |
| Net Income | 7.16M | 7.16M | -10.64M | -10.12M | -6.83M | -4.82M |
Balance Sheet | ||||||
| Total Assets | 645.87M | 645.87M | 625.08M | 391.67M | 120.92M | 97.87M |
| Cash, Cash Equivalents and Short-Term Investments | 217.37M | 217.37M | 257.50M | 41.25M | 65.36M | 52.54M |
| Total Debt | 3.27M | 3.27M | 3.57M | 3.83M | 3.86M | 536.66K |
| Total Liabilities | 12.69M | 12.69M | 10.44M | 17.03M | 5.74M | 1.57M |
| Stockholders Equity | 633.18M | 633.18M | 614.64M | 374.64M | 115.18M | 96.30M |
Cash Flow | ||||||
| Free Cash Flow | -45.19M | -45.19M | -20.70M | -33.15M | -12.35M | -6.42M |
| Operating Cash Flow | 4.60M | 4.60M | -3.58M | -5.23M | -3.74M | -2.49M |
| Investing Cash Flow | 33.50M | 33.50M | -102.00M | -18.04M | -8.61M | -3.92M |
| Financing Cash Flow | 1.48M | 1.48M | 242.28M | -225.59K | 24.87M | 46.23M |
Deep Yellow Limited Technical Analysis
Deep Yellow Limited Peers Comparison
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% | |
57 Neutral | AU$1.98B | 274.32 | 1.08% | ― | -100.00% | ― | |
55 Neutral | AU$4.79B | -60.71 | -6.47% | ― | ― | -163.65% | |
52 Neutral | AU$749.69M | -146.75 | -2.73% | ― | ― | 60.83% | |
49 Neutral | AU$165.58M | -10.17 | -26.26% | ― | ― | -75.25% | |
46 Neutral | AU$225.38M | -41.39 | -6.30% | ― | ― | -67.12% | |
37 Underperform | AU$1.22B | ― | ― | ― | -100.00% | 98.06% |
Deep Yellow Limited Corporate Events
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 Tumas uranium project and other developments in its portfolio. Executive Chair Chris Salisbury highlighted that Field’s leadership and experience will be central to navigating these critical project milestones, while Acting CEO Craig Barnes, credited for effectively steering the company through the leadership transition, will return to his position as Chief Financial Officer once the new chief executive assumes office, underscoring a return to a stable executive structure at a strategically important time for the company.
The most recent analyst rating on (AU:DYL) stock is a Hold with a A$1.85 price target. To see the full list of analyst forecasts on Deep Yellow Limited stock, see the AU:DYL Stock Forecast page.
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.
Deep Yellow Limited has applied for quotation on the ASX of 157,217 new fully paid ordinary shares, issued following the exercise of options or conversion of other securities. The modest increase in quoted shares, effective from 18 December 2025, marginally expands the company’s equity base and signals continued utilisation of equity-linked incentives or financing structures, with limited immediate dilution for existing shareholders but incremental enhancement of trading liquidity.
The most recent analyst rating on (AU:DYL) stock is a Hold with a A$1.85 price target. To see the full list of analyst forecasts on Deep Yellow Limited stock, see the AU:DYL Stock Forecast page.
Deep Yellow Limited has issued 1,671,304 unquoted performance rights under its employee incentive scheme, effective 24 December 2025. The move reinforces the company’s use of equity-based remuneration to align employees’ interests with long-term shareholder value, potentially supporting staff retention and performance as it advances its uranium-focused growth strategy.
The most recent analyst rating on (AU:DYL) stock is a Hold with a A$1.85 price target. To see the full list of analyst forecasts on Deep Yellow Limited stock, see the AU:DYL Stock Forecast page.
Deep Yellow Limited has issued 1,671,304 performance rights under its Awards Plan and converted a further 157,217 performance rights into fully paid ordinary shares. The move modestly expands the company’s equity base and reflects the ongoing use of equity-based incentives to align management and employee interests with those of shareholders.
The most recent analyst rating on (AU:DYL) stock is a Hold with a A$1.85 price target. To see the full list of analyst forecasts on Deep Yellow Limited stock, see the AU:DYL Stock Forecast page.
Deep Yellow Limited has announced significant progress in the development of its Tumas Project, with key agreements for power and water supply being executed and advanced. The company has finalized a power supply agreement with NamPower, which includes a dedicated power line and an onsite solar farm to meet the project’s energy needs. Additionally, water supply arrangements are being negotiated with NamWater, with a pipeline design already completed. These developments are crucial steps toward derisking the project and preparing for a final investment decision, positioning Deep Yellow favorably in the uranium market.
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.
Deep Yellow Limited has released its 2025 Sustainability Report, marking its sixth report and the third aligned with the Global Reporting Initiative Standards. This report highlights the company’s commitment to sustainability as it progresses towards development and production. Additionally, a Community Development Report detailing social projects in Namibia has been published, reflecting Deep Yellow’s ongoing efforts to engage with local communities.
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.
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.
Deep Yellow Limited has announced the issuance of 182,527 Performance Rights and 44,444 fully paid ordinary shares as part of its Awards Plan. This move is part of the company’s strategy to incentivize and reward its stakeholders, potentially strengthening its market position and aligning interests with its long-term goals.
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.
Deep Yellow Limited announced a change in the director’s interest, with Christopher Salisbury acquiring 75,444 fully paid ordinary shares and disposing of 44,444 options expiring in 2026. This change reflects an increase in Salisbury’s direct stake in the company, potentially signaling confidence in the company’s future prospects and impacting stakeholder perceptions positively.
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.
Deep Yellow Limited announced a change in the director’s interest, specifically regarding Gillian Swaby’s holdings. The announcement detailed the acquisition of 470,236 fully paid ordinary shares through the Deep Yellow Loan Share Plan, as approved by shareholders. This change reflects the company’s ongoing strategic adjustments in its shareholding structure, potentially impacting its governance and stakeholder interests.
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.
Deep Yellow Limited has announced the quotation of 470,236 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of an employee incentive scheme, indicating the company’s efforts to align employee interests with shareholder value and potentially enhance operational performance.
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.
Deep Yellow Limited has announced the quotation of additional securities on the Australian Securities Exchange. The issuance of these securities is part of the company’s strategic financial maneuvers, potentially enhancing its market liquidity and providing additional capital for its ongoing projects. This move could strengthen Deep Yellow’s position in the uranium market, offering potential benefits to its 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.
Deep Yellow Limited announced the issuance of 182,527 unquoted securities under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize its workforce, potentially impacting its operational efficiency and aligning employee interests with company goals.
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.
Deep Yellow Limited announced a change in the director’s interest, with Gregory Meyerowitz acquiring an additional 31,243 fully paid ordinary shares, bringing his total to 180,000 shares. This acquisition, conducted through an on-market trade, reflects a significant increase in Meyerowitz’s stake, potentially indicating confidence in the company’s future prospects.
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.
Deep Yellow Limited has announced a change in the interests of its director, Timothy Lindley. The company reported that Lindley acquired 30,300 fully paid ordinary shares through an on-market trade, increasing his indirect interest in the company. This change reflects a strategic move by Lindley, potentially indicating confidence in the company’s future prospects and impacting stakeholder perceptions.
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.
Deep Yellow Limited has appointed Mr. Greg Field as the new Managing Director and CEO, effective by May 2026, following a thorough search for a leader with strong execution skills and experience in capital projects. Mr. Field’s extensive background in the resources sector, including significant projects at Rio Tinto, positions him to advance Deep Yellow’s key projects in Namibia and Australia, aligning with the company’s strategy to capitalize on the growing demand for uranium in the clean energy transition.
The most recent analyst rating on (AU:DYL) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Deep Yellow Limited stock, see the AU:DYL Stock Forecast page.
Deep Yellow Limited announced that all resolutions at its Annual General Meeting on November 20, 2025, were passed except for the resolution regarding the issuance of 2025 Loan Shares to Managing Director John Borshoff. The results of the meeting were determined by a poll, reflecting shareholder decisions on key company governance matters. This outcome indicates a strong shareholder engagement in the company’s strategic decisions, although the rejection of the loan share plan may impact the company’s executive compensation strategy.
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.
Deep Yellow Limited has released a corporate presentation outlining its strategic direction and financial performance. The presentation includes historical financial information and emphasizes that past performance should not be relied upon as an indicator of future results. The document also contains forward-looking statements about the company’s business strategy, development plans, and market expectations, highlighting potential risks and uncertainties that could impact future outcomes.
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.
Deep Yellow Limited’s Chairman, Chris Salisbury, addressed the company’s progress and future plans at the 2025 Annual General Meeting. The company is transitioning from a developer to a producer, with significant advancements in its Tumas and Mulga Rock projects. While the Tumas project awaits favorable market conditions for full-scale construction, engineering and negotiations with Namibian parastatals continue. The Mulga Rock project shows promising test results, and the company is optimistic about future opportunities in the Alligator River region. The macro environment supports nuclear energy, and Deep Yellow is well-positioned with a strong cash balance and rising market demand. Additionally, there is speculation about a potential shareholder requisition concerning board composition, but no formal notice has been received.
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.
Deep Yellow Limited has appointed Mr. Zebra Kasete as the Managing Director for Namibia, effective January 5, 2026. Mr. Kasete, a seasoned mining executive with over 35 years of experience, will oversee the construction and operations of the Tumas Project in Namibia. His extensive background in the mining industry, particularly in uranium, diamonds, copper, and gold, positions him well to lead this significant development for both Deep Yellow and Namibia. This appointment marks a crucial step towards the final investment decision for Tumas, aiming to establish it as Namibia’s fourth uranium mine, thereby enhancing Deep Yellow’s industry positioning and operational capabilities.
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.
Deep Yellow Limited has announced the issuance of 16,133 fully paid ordinary shares following the exercise of Performance Rights under the company’s Awards Plan. This move reflects the company’s ongoing efforts to incentivize and reward its stakeholders, potentially enhancing its operational capabilities and market positioning within the uranium sector.
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.
Deep Yellow Limited announced successful exploration results from its Tinkas prospect, located near its flagship Tumas Project in Namibia. The recent drilling program identified significant uranium mineralisation, with 28 out of 105 drill holes intersecting uranium deposits. This discovery enhances the company’s resource base and strengthens its position in the uranium market, potentially benefiting stakeholders by increasing the project’s viability and future production capabilities.
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.
Deep Yellow Limited announced that John Borshoff has ceased to be a director as of October 20, 2025. The notice details Borshoff’s interests in the company’s securities, which include a significant number of fully paid ordinary shares, some of which are subject to the Deep Yellow Loan Share Plan and vesting conditions. This change in directorship may impact the company’s strategic direction and stakeholder interests, given Borshoff’s involvement in the company’s operations.
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.
Deep Yellow Limited’s recent quarterly cash flow report indicates a net cash outflow from operating activities amounting to $10.56 million, primarily driven by exploration, evaluation, and staff costs. Despite these outflows, the company received a research and development grant and generated some cash from financing activities, resulting in a slight net cash inflow from financing of $524,000. This financial update reflects the company’s ongoing investment in exploration and development, which is crucial for its strategic positioning in the uranium market, potentially impacting its future operations and stakeholder interests.
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.
Deep Yellow Limited’s quarterly activities report highlights significant progress in its flagship Tumas Project in Namibia, with detailed engineering and infrastructure advancements aimed at commencing production by Q3 2027. The company also reports successful drilling results at the S-Bend prospect, potentially extending the project’s life beyond 30 years. In addition, the Mulga Rock Project in Australia is advancing with successful mini-pilot resin testwork, and the Alligator River Project has completed fieldwork with ongoing drilling. Corporate updates include a strong cash balance and leadership changes, with John Borshoff stepping down as Managing Director.
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.
Deep Yellow Limited has announced a leadership transition with the stepping down of John Borshoff as Managing Director and CEO, effective October 20, 2025. Borshoff, who has been instrumental in transforming Deep Yellow into an ASX200 company, will remain as an advisor until November 2025. The transition is part of Deep Yellow’s strategic vision to become a global, multi-project uranium producer, with ongoing projects like the Tumas and Mulga Rock projects. Craig Barnes, the CFO, will serve as Acting CEO during the transition, supported by Chris Salisbury as Executive Chair. The company remains committed to its growth strategy amid the increasing importance of nuclear energy for global decarbonization.
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.