Company Interview / Shawn backs Deep Yellow's succession plans

Key Points

Deep Yellow (ASX:DYL) weakness viewed as a buying opportunity amid sector volatility Long-term bullish outlook on gold, favouring retracement buys in producers like Emerald Resources (ASX:EMR) Larger gold miners like Newmont (ASX: NEM) considered attractive in the current environment Ongoing caution on Bapcor (ASX:BAP) amid operational struggles and accounting issues

Shawn Hickman from Market Matters outlines current trends in the materials sector, highlighting its strong performance despite recent volatility. Hickman places uranium miners like Deep Yellow (ASX:DYL) within the materials bracket due to industry momentum, noting Deep Yellow’s sharp 18.8% drop following the departure of John Boshoff. While some view this management change with concern, Hickman sees the planned succession and limited share overhang as reassuring. He points to Deep Yellow’s position as this year’s top uranium performer, considering the recent sell-off excessive and suggesting that weakness could present a buying opportunity.,Turning to gold, Hickman weighs in on movements for Emerald Resources (ASX:EMR), emphasising recent volatility after profit-taking and a significant price rebound. Despite a correction last week, Hickman remains bullish on gold’s long-term prospects, viewing current dips as chances to buy quality producers on retracement. He flags Emerald as a standout performer, up over 100% this year, and even hints that larger players like Newmont (ASX:NEM) warrant attention.,Addressing Bapcor (ASX:BAP), Hickman remains cautious. He cites ongoing underperformance, recent revenue and profit declines, and accountancy irregularities as reasons to avoid the stock. For Hickman, Bapcor’s trajectory makes it a clear ‘leave alone’ in the current market.