Peninsula Energy (OTCMKTS:PENMF) Upgraded by Zacks Investment Research to “Hold”

Zacks Investment Research upgraded shares of Peninsula Energy (OTCMKTS:PENMF) from a sell rating to a hold rating in a research note issued to investors on Wednesday morning, Zacks.com reports.

According to Zacks, “Peninsula Energy Limited explores, develops and mines uranium properties primarily in the United States. The company’s project primarily includes Lance uranium projects in Wyoming, the United States. Peninsula Energy Limited is based in Subiaco, Australia. “

Peninsula Energy stock opened at $0.14 on Wednesday. The firm has a 50-day moving average price of $0.16 and a 200-day moving average price of $0.18. Peninsula Energy has a 12-month low of $0.13 and a 12-month high of $0.24.

About Peninsula Energy

Peninsula Energy Limited, together with its subsidiaries, engages in the exploration, development, and mining of uranium deposits in the United States. The company also explores for gold ores. It holds a 100% interest in the Lance uranium project located in Wyoming; 74% interest in the Karoo project located in South Africa; and 50% interest in the RakiRaki gold project located in Fiji.

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