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The latest announcement is out from Peninsula Energy ( (AU:PEN) ).
Peninsula Energy Limited has announced a proposed issue of securities, specifically Performance Rights Class A, with a maximum of 7,128,571 securities to be issued. This move is part of the company’s strategic financial initiatives, potentially impacting its market position by enhancing its capital structure and supporting future growth opportunities.
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 exploration and development of uranium resources. The company is primarily involved in the production and sale of uranium, catering to the global nuclear energy market.
Average Trading Volume: 6,780,852
Technical Sentiment Signal: Sell
Current Market Cap: A$244.6M
See more insights into PEN stock on TipRanks’ Stock Analysis page.