Peninsula Energy (PENMF) Upgraded to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of Peninsula Energy (OTCMKTS:PENMF) from a sell rating to a hold rating in a report released on Saturday morning, 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. “

PENMF opened at $0.23 on Friday. Peninsula Energy has a 52 week low of $0.13 and a 52 week high of $0.24.

Peninsula Energy Company Profile

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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