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Peninsula Energy ( (AU:PEN) ) has provided an announcement.
Peninsula Energy Limited has applied to the ASX for quotation of 19,760,633 new ordinary fully paid shares, with an issue date of 7 April 2026. The additional securities, arising from the exercise or conversion of existing instruments, will expand the company’s listed share capital base and may provide further liquidity for investors while supporting its ongoing corporate and financing activities.
The most recent analyst rating on (AU:PEN) stock is a Sell with a A$0.53 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 Australian-listed company in the resources sector, trading on the ASX under the code PEN. The company issues ordinary fully paid shares, indicating a focus on equity financing to support its operations and growth initiatives in its chosen markets.
Average Trading Volume: 4,168,588
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$245.8M
Learn more about PEN stock on TipRanks’ Stock Analysis page.