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Peninsula Energy ( (AU:PEN) ) has provided an announcement.
Peninsula Energy Limited is set to hold a webcast and conference call to update shareholders and stakeholders on its strategic initiatives, including a fully underwritten A$70 million equity raising and the Lance reset plan. The company aims to re-establish itself as a key uranium supplier to the US and global markets, with the refreshed leadership team focusing on strategic objectives to enhance its market position.
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, notable for being the only one providing US production and direct market exposure. The company owns the Lance Project in Wyoming, which resumed uranium production in December 2024 and is set to increase production in 2025. Lance is one of the largest independent uranium development projects in the US, positioning Peninsula as a significant player in the uranium supply chain and contributing to a clean energy future.
Technical Sentiment Signal: Sell
Current Market Cap: A$98.97M
See more data about PEN stock on TipRanks’ Stock Analysis page.