In a report released yesterday, Michael Clark from Shaw and Partners maintained a Buy rating on Peninsula Energy Limited (PENMF – Research Report), with a price target of A$0.34. The company’s shares closed yesterday at $0.13.
According to TipRanks, Clark is a 4-star analyst with an average return of 34.3% and a 61.90% success rate. Clark covers the Basic Materials sector, focusing on stocks such as Paladin Energy Ltd, Peninsula Energy Limited, and New Century Resources Limited.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Peninsula Energy Limited with a $0.29 average price target.
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The company has a one-year high of $0.28 and a one-year low of $0.08. Currently, Peninsula Energy Limited has an average volume of 166K.
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Peninsula Energy Ltd. uranium mining company, which engages in the exploration and development of uranium properties. It operates through the following business segments: Lance Uranium Projects, Wyoming USA; Karoo Uranium Projects, South Africa; and Corporate or Other. The company was founded on November 12, 1993 and is headquartered in Subiaco, Australia.
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