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Peninsula Energy ( (AU:PEN) ) has issued an update.
Peninsula Energy Limited announced a change in the director’s interest, with George Bauk acquiring 350,000 ordinary fully paid shares and 1,000,000 service rights. This acquisition was part of a director subscription and the issuance of service rights, both approved by shareholders at a recent extraordinary general meeting. The service rights will vest as shares over a two-year period, potentially impacting the company’s governance and shareholder structure.
The most recent analyst rating on (AU:PEN) stock is a Buy with a A$1.03 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 operates in the energy sector, focusing on the development and production of uranium resources. The company is engaged in the exploration and mining of uranium, catering to the global nuclear energy market.
Average Trading Volume: 7,170,460
Technical Sentiment Signal: Sell
Current Market Cap: A$211.8M
For a thorough assessment of PEN stock, go to TipRanks’ Stock Analysis page.