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Peninsula Energy ( (AU:PEN) ) just unveiled an announcement.
Peninsula Energy Limited announced a change in the director’s interest, with Director Brian Booth acquiring 70,000 ordinary fully paid shares. This acquisition was made at the same price as a recent capital raising, following shareholder approval. This move signifies a strengthening of Booth’s stake in the company, potentially indicating confidence in Peninsula Energy’s future prospects and aligning with the company’s strategic goals.
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. The company is involved in the exploration and mining of uranium resources, aiming to supply the nuclear energy industry.
Average Trading Volume: 7,170,460
Technical Sentiment Signal: Sell
Current Market Cap: A$211.8M
For detailed information about PEN stock, go to TipRanks’ Stock Analysis page.