In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Peninsula Energy Limited (PENMF – Research Report), with a price target of A$0.30. The company’s shares closed yesterday at $0.09.
According to TipRanks, Ihle is an analyst with an average return of -15.2% and a 30.26% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Avino Silver & Gold, Endeavour Silver, and First Majestic Silver.
Peninsula Energy Limited has an analyst consensus of Strong Buy, with a price target consensus of $0.22, a 150.00% upside from current levels. In a report released today, Shaw and Partners also maintained a Buy rating on the stock with a A$0.31 price target.
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PENMF market cap is currently $111.6M and has a P/E ratio of -25.14.
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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.
