Zacks Investment Research upgraded shares of Peninsula Energy (OTCMKTS:PENMF) from a hold rating to a buy rating in a research note issued to investors on Saturday morning. They currently have $0.25 target price on the stock.
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. “
Separately, HC Wainwright reiterated a buy rating on shares of Peninsula Energy in a report on Thursday, October 19th.
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Peninsula Energy Company Profile
Peninsula Energy Limited explores for, develops, and mines uranium properties in the United States. It also explores molybdenum and gold ores. The company holds 100% interest in the Lance uranium projects that are located in Wyoming, the United States. It also jointly holds interest in the Karoo uranium exploration projects, which are situated in the Karoo Basin, South Africa; and RakiRaki Gold project located in Fiji.
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