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Peninsula Energy Issues New Unquoted Securities

Story Highlights
  • Peninsula Energy issued 5,703,741 unquoted Performance Rights Class A securities.
  • The issuance is part of strategic financial maneuvers affecting the company’s equity structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Peninsula Energy Issues New Unquoted Securities

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

Peninsula Energy Limited has announced the issuance of 5,703,741 unquoted Performance Rights Class A securities as part of a previously disclosed transaction. This move is part of the company’s strategic financial maneuvers, potentially impacting its equity structure and signaling ongoing developments in its corporate strategy.

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

Average Trading Volume: 6,108,955

Technical Sentiment Signal: Sell

Current Market Cap: A$260.9M

For an in-depth examination of PEN stock, go to TipRanks’ Overview page.

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