DYL is a relatively new member to the ASX200, its market cap has lifted to $1.3bn as it enters advanced stage uranium exploration at its core Namibian projects. The stocks likely to move in tandem with PDN and BOE although swings are usually more aggressive in both directions, i.e. higher Beta given it’s earlier stage = more leverage.
- We like DYL into its current pullback but it’s not yet for us.
MM is cautiously bullish towards DYL
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