Peninsula Energy (OTCMKTS:PENMF) Stock Rating Lowered by Zacks Investment Research

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Peninsula Energy (OTCMKTS:PENMF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday, 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. “

Shares of PENMF opened at $0.17 on Friday. Peninsula Energy has a twelve month low of $0.13 and a twelve month high of $0.24. The firm has a fifty day moving average price of $0.19.

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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