Peninsula Energy (PENMF) Downgraded to “Sell” at Zacks Investment Research

Zacks Investment Research lowered shares of Peninsula Energy (OTCMKTS:PENMF) from a hold rating to a sell rating in a research report sent to investors on Wednesday morning.

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. “

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Shares of PENMF stock opened at $0.27 on Wednesday. Peninsula Energy has a 1-year low of $0.24 and a 1-year high of $0.58.

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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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