Just out from Zac’s ….
VALUATIONBroadly speaking, the public uranium companies can be grouped into three segments: producers, development companies and exploration companies. Producers are actively mining and generating revenues. Exploration companies are prospecting and/or drilling to establish mineral resources. In between these two segments are the development companies that already have established resources and are advancing through the process to bring a mine in operation, generally from the point of initiating a Pre-Feasibility Study to the actual construction of a mine. The comparable companies to Deep Yellow fall into this category.
Further, the comparable companies have been narrowed through quantitative factors, particularly those with a market capitalization over $200 million and trading above $0.50 per share. This process captures a range of well-funded junior uranium development companies, which are listed in the table above. Currently, the P/B valuation range of these comparable companies is between 2.14 and 7.22. With the expectation that Deep Yellow’s stock will attain a mid-second quartile P/B ratio of 5.0, our comparable analysis valuation price target is US$1.75.
for the full report:-
https://scr.zacks.com/news/news-details/2023/DYLLF-At-the-Tumas-Project-EIA-submitted-to-MEFT-and-updated-MRE-expected-in-3Q.-New-drilling-programs-commence-at-Tumas--Mulga-Rock.-Also-exploration-updates-for-Aussinanis-and-the-Nova-JV-article/default.aspx
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Valuation US$1.75
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Last
$1.22 |
Change
-0.030(2.41%) |
Mkt cap ! $1.177B |
Open | High | Low | Value | Volume |
$1.25 | $1.27 | $1.21 | $3.630M | 2.944M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 53989 | $1.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.22 | 75766 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 43989 | 1.210 |
10 | 80691 | 1.205 |
21 | 140725 | 1.200 |
2 | 36676 | 1.195 |
2 | 10766 | 1.190 |
Price($) | Vol. | No. |
---|---|---|
1.220 | 75766 | 3 |
1.225 | 5766 | 1 |
1.230 | 87164 | 6 |
1.235 | 37848 | 4 |
1.240 | 44462 | 2 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
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