Peninsula Energy ( (AU:PEN) ) has shared an update.
Peninsula Energy Limited has requested a trading halt on its securities as it undergoes a review process that is expected to lead to a reduction in its current production guidance. The company plans to release an announcement detailing the updated production guidance, financial, and sales contract matters by April 23, 2025, or earlier if the review is completed sooner. This development may impact the company’s operational strategies and market positioning, potentially affecting stakeholders’ interests.
More about Peninsula Energy
Peninsula Energy Limited operates in the energy sector, focusing on the production and sale of uranium. The company is listed on the Australian Securities Exchange (ASX) and the OTCQB market, indicating a focus on both domestic and international markets.
YTD Price Performance: -53.49%
Average Trading Volume: 28,564
Technical Sentiment Signal: Buy
Current Market Cap: $67.4M
Learn more about PEN stock on TipRanks’ Stock Analysis page.