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Peninsula Energy ( (AU:PEN) ) has provided an announcement.
Peninsula Energy Limited has successfully commenced production of dried yellowcake at its expanded Lance Central Processing Plant in Wyoming, marking a significant milestone for the company and the US uranium supply chain. This achievement positions Peninsula as a fully independent, end-to-end producer of yellowcake, with plans to scale up production in line with its growing project portfolio, including the Kendrick, Dagger, and Barber projects, thereby solidifying its role as a key supplier to US and global energy markets.
The most recent analyst rating on (AU:PEN) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Peninsula Energy stock, see the AU:PEN Stock Forecast page.
More about Peninsula Energy
Peninsula Energy Limited is an ASX-listed uranium company with a focus on US production and direct market exposure. It operates the Lance Project in Wyoming, which is one of the largest independent near-term uranium development projects in the US. Peninsula aims to be a key supplier of uranium, contributing to a clean energy future.
Average Trading Volume: 4,738,525
Technical Sentiment Signal: Sell
Current Market Cap: A$79.3M
Learn more about PEN stock on TipRanks’ Stock Analysis page.