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Peninsula Energy Announces Leadership Transition Amid Strategic Advancements

Story Highlights
  • Peninsula Energy’s Chairman, John Harrison, retires, with David Coyne as interim Chair.
  • The company focuses on becoming an independent uranium producer, addressing shareholder concerns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Peninsula Energy ( (AU:PEN) ) has provided an announcement.

Peninsula Energy Limited announced the retirement of its Non-Executive Chairman, John Harrison, effective April 30, 2025, with David Coyne stepping in as interim Non-Executive Chair. This leadership change comes as the company advances towards becoming a fully independent uranium producer, with a strategic focus on bringing the Lance Project into full production. The company is addressing shareholder concerns by working on a revised production plan and ensuring adequate funding to support its transformation.

More about Peninsula Energy

Peninsula Energy Limited is an ASX-listed uranium company focused on US production and direct market exposure. It owns the Lance Projects in Wyoming, which are among the largest independent uranium development projects in the US. The company aims to be a key supplier of uranium, contributing to a secure and sustainable energy future.

YTD Price Performance: -54.18%

Average Trading Volume: 26,420

Technical Sentiment Signal: Buy

Current Market Cap: $63.43M

Learn more about PEN stock on TipRanks’ Stock Analysis page.

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