Deep Yellow is trading at A$1.67, up 8.44%, with shares appearing supported by RBC Capital Markets’ Outperform coverage.
- RBC Capital Markets initiated coverage at Outperform with a A$2.05 price target on September 3, 2026.
- Deep Yellow announced a staged A$5 million earn-in allowing Core Energy Minerals to acquire up to 51% of the Nova uranium joint venture; coverage described the ground as non-core.
- The broader materials sector provided additional positive momentum.