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Peninsula Energy ( (AU:PEN) ) has provided an update.
Peninsula Energy Limited, a company listed on the Australian Securities Exchange (ASX), has announced the lifting of its trading suspension following the completion of a placement and institutional entitlement offer. This development is expected to positively impact the company’s market presence and provide a boost to its financial operations by increasing liquidity and investor confidence.
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
Technical Sentiment Signal: Sell
Current Market Cap: A$98.97M
See more insights into PEN stock on TipRanks’ Stock Analysis page.