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Deep Yellow Limited ( (AU:DYL) ) has issued an update.
Deep Yellow Limited’s latest quarterly cash flow report highlights a decrease in net cash from operating and investing activities, totaling a cash outflow of $6.88 million and $3.76 million respectively for the current quarter. Despite these outflows, the company secured $1.66 million from equity securities issuance, partially offsetting the financial impact and maintaining a significant cash reserve, which suggests a focus on sustaining operations and funding exploration activities.
More about Deep Yellow Limited
Deep Yellow Limited operates within the mining exploration industry, focusing on the exploration and evaluation of mineral resources. The company is primarily involved in the development of uranium projects, aiming to supply the growing demand for energy resources globally.
YTD Price Performance: 2.47%
Average Trading Volume: 118,806
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $781.9M
See more insights into DYL stock on TipRanks’ Stock Analysis page.
