In a report released today, James Bullen from Canaccord Genuity maintained a Buy rating on Peninsula Energy Limited (PENMF – Research Report), with a price target of A$0.22. The company’s shares closed yesterday at $0.08.
Bullen covers the Energy sector, focusing on stocks such as Deep Yellow Limited, Beach Energy Limited, and Paladin Energy Ltd. According to TipRanks, Bullen has an average return of 16.8% and a 59.63% success rate on recommended stocks.
Currently, the analyst consensus on Peninsula Energy Limited is a Strong Buy with an average price target of $0.18.
PENMF market cap is currently $181M and has a P/E ratio of -10.80.
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Peninsula Energy Limited (PENMF) Company Description:
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.
