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Deep Yellow Ltd (DYL) $1.17

DYL bounced +13.5% on Thursday, taking it up ~30% from its weekly low. It’s undoubtedly the high Beta play of the leading ASX uranium stocks. This relatively new $1.1bn member of the ASX200 has entered advanced-stage uranium exploration at its core Namibian projects.

  • We view DYL as a higher beta way to play Uranium, which is already a very high beta sector, and our preference for PDN remains.
DYL
MM is cautiously bullish toward DYL
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Deep Yellow Ltd (DYL)
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