** Macquarie identifies potential positive trend for uranium miner Deep Yellow DYL.AX, with final investment decision $(FID.AU)$for Tumas project in Namibia expected in coming weeks
** DYL's shares may see movement based on the upcoming Tumas FID, a significant milestone that could set the miner on path to production by early 2027 — brokerage
** Brokerage highlights that the Tumas FID might allow DYL to leverage an early-mover advantage in the contracting market, given the delays faced by competitors NexGen NXE.TO and Denison DML.TO
** Brokerage maintains "outperform" rating at PT of A$1.9/shr
** Four of five analysts rate the stock "buy", one rates "strong sell"; their mean PT is A$1.62, according to data compiled by LSEG
** Stock down 10.7% YTD
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))
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