Deep Yellow Limited expects to earn $0.00 per share in FY2023

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Deep Yellow ($ASX:DYL) Limited is a public company that trades on the Australian Securities Exchange. The company is engaged in the business of exploration and development of uranium projects in Africa. Deep Yellow Limited is expecting to earn $0.00 per share in FY2023. This is due to the company’s focus on investment in its long-term growth.

Deep Yellow Limited is committed to creating shareholder value through the successful exploration and development of its uranium projects. The company has a strong portfolio of uranium projects in Africa, which provides it with significant potential for growth. Deep Yellow Limited is well positioned to take advantage of the expected growth in the demand for uranium.

Stock Price

Deep Yellow Limited is an Australian-based company that explores, develops, and produces uranium resources. The company’s share price has been volatile in recent months, but has mostly trended upwards. On Friday, DEEP YELLOW stock opened at AU$0.8 and closed at AU$0.8, down by 3.5% from previous closing price of 0.8. Despite the slight dip on Friday, the company’s shares are still up overall from where they were trading a few months ago. The company’s earnings forecast for FY2023 has been met with mostly positive sentiment from the media.

However, there is some uncertainty surrounding the company’s future prospects, given the volatile nature of the uranium market. Nevertheless, Deep Yellow remains optimistic about its long-term prospects and is committed to delivering shareholder value.

VI Analysis

DEEP YELLOW is a uranium exploration and development company with a portfolio of properties in Africa. The company’s fundamentals reflect its long term potential, and VI App has detected 2 risk warnings in its balance sheet and cashflow statement. However, according to VI Risk Rating, DEEP YELLOW is a medium risk investment in terms of financial and business aspects.

VI Peers

The company’s primary focus is on the development of its flagship project, the Reptile Uranium Project, located in Namibia. Deep Yellow Ltd’s main competitors are Blue Sky Uranium Corp, Azincourt Energy Corp, and Northern Uranium Corp. All three companies are engaged in the exploration and development of uranium projects in various parts of the world.

– Blue Sky Uranium Corp ($TSXV:BSK)

The company’s market cap is on the rise, and its ROE is improving. The company is focused on uranium exploration and development in Argentina.

– Azincourt Energy Corp ($TSXV:AAZ)

Aincourt Energy is a Canadian exploration and development company with a focus on uranium in the Athabasca Basin in Saskatchewan, Canada. The company has a market cap of 12.51M as of 2022 and a return on equity of 0.22%. The company is currently developing the Macusani Uranium Project in Peru and the Eastside Uranium Project in the United States.

– Northern Uranium Corp ($TSXV:UNO.H)

Nuclear Uranium Corp is a Canadian uranium exploration and development company. The company has a market cap of 3.25M as of 2022 and a return on equity of 4.47%. Nuclear Uranium Corp is engaged in the exploration and development of uranium properties in the Athabasca Basin region of northern Saskatchewan, Canada.

Summary

DEEP YELLOW LIMITED is an Australian company that explores, develops and mines for uranium. The company is headquartered in Perth, Australia and has operations in Namibia and Australia. The company’s primary listing is on the ASX, with a secondary listing on the Namibian Stock Exchange.

DEEP YELLOW LIMITED is a uranium exploration and development company with a portfolio of uranium projects in Australia and Namibia. The company’s strategy is to be a leading mid-tier uranium producer through the development of its flagship project, the Omaholo Project in Namibia, and its other uranium projects in Australia and Namibia.