Yellow Cake (OTCMKTS:YLLXF) Shares Down 8% – Here’s Why

Yellow Cake plc (OTCMKTS:YLLXFGet Free Report) shares dropped 8% during trading on Monday . The company traded as low as $5.99 and last traded at $5.99. Approximately 7,343 shares traded hands during trading, an increase of 60% from the average daily volume of 4,578 shares. The stock had previously closed at $6.51.

Yellow Cake Stock Performance

The stock has a 50 day simple moving average of $6.51 and a 200 day simple moving average of $6.91.

About Yellow Cake

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Yellow Cake plc operates in the uranium sector. It is involved in the purchase and holding of uranium oxide concentrates, and exploitation of other uranium-related opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.

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