Articles On Peninsula Energy (ASX:PEN)

The niggling threat of an inflationary acceleration is rearing its ugly head once again, setting ASX All Ord shares on track for their worst month since August last year. Nervousness has re-entered the chat this month. Increasing conflic...

Many of Australia's top brokers have been busy adjusting their financial models again. This has led to the release of a number of broker notes this week. Three ASX shares that brokers have named as buys this week are listed below. Here's wh...

The Zip Co Ltd (ASX: ZIP) share price is on the move on Tuesday. In morning trade, the buy now pay later (BNPL) provider's shares are up 3.5% to $1.39. Why is the Zip share price rising? Investors have been buying the company's shares this...

The S&P/ASX 200 Index (ASX: XJO) is having a subdued finish to the week. In afternoon trade, the benchmark index is down 0.25% to 7,794.4 points. Four ASX shares that are falling more than most today are listed below. Here's why they...

Peninsula Energy’s plans to extend the Ross Central Processing Plant at its flagship Lance uranium project in Wyoming has hit a snag, with preproduction costs rising US$20 million beyond what was predicted by the company’s life of mine (LOM...

The ASX200 closed down 0.45 of a per cent. The energy sector lead gains, up 1.16 per cent. Real-estate fell the most, down one and three quarters of a per cent. Financials and Health care both lost around point nine of a per cent.   I...

The Winsome Resources Ltd (ASX: WR1) share price has been among the best performers on the Australian share market on Thursday. In afternoon trade, the small cap ASX mining stock is up 16% to $1.46. Why is this small cap ASX mining stock ro...

The S&P/ASX 200 Index (ASX: XJO) is having a tough session on Thursday following a hotter than expected US inflation reading. In afternoon trade, the benchmark index is down 0.5% to 7,811.4 points. Four ASX shares that are falling more...

A compilation of stories relating to the February 2024 corporate reporting season in Australia, including FNArena’s final balance for the season. Content (in chronological order of publication): -Healthcare, REITs, Uranium & Banks-Rudi...

John Borshoff’s Deep Yellow flags $250 million raising as Tumas uranium decision looms It could be the first greenfields uranium development led by an ASX-listed company in years Miners hammered as iron ore wanes on China’s stimulus light...

A shortage of material and tight spot market has seen uranium prices rise fivefold to US$93.5/lb in the past six years It has brought a number of hopeful miners out of the woodworks There is no guarantee they will succeed, but ASX uranium...

Peninsula Energy has signed a new sales agreement for the supply of uranium yellowcake through its wholly owned subsidiary Strata Energy, operator of the Lance projects in Wyoming, US. The agreement willRead MoreAustralian Mining.

The ASX200 quickly spiked to a new record this morning, but it’s been a roller coaster session so far and now, after paring losses, the index is on the way back up to its morning highs – up close to half a per cent.  Materials and IT and...

Peninsula Energy (ASX:PEN) discloses the execution of a new sales contract for the provision of uranium yellowcake through its wholly owned subsidiary, Strata Energy, the operator of the Lance Projects located in Wyoming, USA Under the a...

The ASX200 is set to rise with futures up 0.26% near 8.30am AEDT on Friday, following a PCE inflation report in the US that didn’t contain any nasty surprises. The S&P500 had another record run, ending up +0.52% and logging the best...

ASX to rise modestly at the open as Wall Street extended gains  The PCE index came in line with economists’ predictions Pig-butchering scams on the rise, Binance named   The ASX is poised to open slightly higher on the first day of the m...

Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.073% to 7,644.80. Markets @ Midday: Listen here at lunchtime or find all Market Matters Podcasts on Spotif...

The lord gives with one hand and takes with the next, a karmic lesson on the circular nature of fortune and misfortune that uranium bag holders will be feeling with distinct sobriety today. Kazatomprom’s news it would face supply challenges...

You’re probably well aware that uranium has become the new lithium, in terms of hype – and ASX uranium stocks are showing it. Investors have been pouring into ASX uranium stocks with increasing gusto since late last year. However, tod...

Uranium spot price cracked US$80/lb this week, its highest level since the Fukushima incident in 2011 Industry leaders confident a new uranium bull cycle has commenced, and there is plenty of upside still to come Some 160Mlb of yellowcake...

Uranium and lithium investment opportunities will be showcased at the RIU Resurgence conference that starts in Perth tomorrow, and it’s not too late for interested investors to commit to coming along. Tomorrow there’ll be two Uranium ‘Po...

After early gains, ASX200 finished off the day pretty even – up only .13 of a per cent.  Energy stocks led the gainers, up 1.4 per cent, fuelled by news the Organisation of Petroleum Exporting Countries (OPEC) is looking to cut output to...

The ASX benchmark has closed slightly higher on Monday Energy Sector gains after oil prices rose over the weekend Small caps led Killi Resources, Nyrada and Viridis Mining   The Aussie sharemarket has ended the opening salvo of the week...

Peninsula Energy has rattled the tin for up to $60 million to fund the restart of production at its Lance uranium mine in the United States by the end of 2024.

Peninsula Energy successfully secures A$60 million in equity to fund the restart of uranium production at its Lance project A placement to institutional and sophisticated investors, along with a Security Purchase Plan (SPP), will support...

  Shaw and Partners Chief Investment Office Martin Crabb discusses when to get more bullish on equities. Paul Sanger: So, first up to day, we have a keynote presentation from Shaw and Partners CIO Martin Crabtree. Martin, welcome back to th...

The ASX benchmark has ended Thursday in a circa -0.8% hole Energy Sector, down -1.4% leads losses Small caps led by RWD   The Australian sharemarket has been trimming gains from the open on Thursday, steadily digging a hole in the red as...

Uranium explorer Peninsula Energy was preparing a $50 million cash call on Thursday morning.   Street Talk understands Peninsula had Shaw and Partners drumming up support... Read More

Street Talk understands Peninsula had its broker, Shaw and Partners, drumming up support for the raise which is expected to be launch on Thursday morning.

Futures suggested the ASX200 would drop – and it’s dropped almost a per cent, with all sectors in the red, except for healthcare, which has gained nearly a per cent and consumer staples, which has added more than half a per cent. Austral...

Peninsula Energy (ASX:PEN) has a new uranium play – the Dagger project Dagger is located near its existing advanced stage Lance project in Wyoming, USA Production at Lance will restart in late 2024 Dagger boasts an initial resour...

Peninsula Energy (ASX: PEN) and its wholly-owned subsidiary Strata Energy Inc have established the Dagger uranium development project in the US state of Wyoming. The project boasts an initial inferred mineral resource estimate of 3 million...

September was the time to buy uranium stocks as spot prices punched through 15 year highs Rare earths, lithium stocks also popular Top large cap winners: Bannerman Energy, Deep Yellow Top small cap winners: Torque Metals, OzAurum Resources...

Benchmark index, up +0.34%, ends month on a positive after dropping -1.5% in September Materials Sector out front after strong run for iron ore, uranium prices Small caps led by, BIO, CXO and CZR   Local markets, led almost single-handedl...

Another day, another set of 52-week highs for ASX uranium shares! Most uranium miners are rising on Tuesday, in contrast to the rest of the market. The S&P/ASX 200 Energy Index (ASX: XEJ) started the day higher but is now down 0.19%...

We hear the mood among the 550 delegates at last week’s World Nuclear Symposium in London was positively glowing – and there are good reasons why, given the uranium sector’s gathering momentum. Supportive factors include dwindling inventori...

Nuclear industry forecasters are more bullish than they’ve been in years with spot uranium prices hitting a decade high of US$67/lb yesterday Miners including Australian mid-caps Boss Energy and Deep Yellow say the tailwinds behind risin...

Large and mid cap miners lift as material sector rises 0.88% Uranium players surge as yellowcake spot prices lift to around decade highs WNA thinks demand for uranium for nuclear utilities could almost double by 2040 Fortescue Metals Gr...

TOKYO, Sept. 11, 2023 /PRNewswire/ -- HOYA Group, PENTAX Medical announced an agreement with IRCAD, the international advanced research and training center in minimally invasive surgery based in Strasbourg, France to collaborate in educatio...

Both uranium equities and the uranium price have been marching higher in recent weeks. Numerco’s uranium spot price indicator closed at US$58.25 last Friday, up 19.8% so far in 2023. Meanwhile, bellwether producer Cameco Corp (NYSE: CCJ) cl...

The Deep Yellow Ltd (ASX: DYL) share price has been deep in the green recently, up 37% in August alone. But it wasn’t the only ASX uranium share enjoying significant support. Paladin Energy Ltd (ASX: PDN) shares went up 15%, and Boss E...

ASX 200 closes about 0.06% in the green (so, really, we ended in the chartreuse) down -1.2 in August Telco and IT Sectors offset Staples and Energy losses Small cap winners include 29M, CDX and HLA   Volatility, uncertainty and indecisio...

ASX All Ords share Peninsula Energy Ltd (ASX: PEN) is having a shocker on Thursday. The uranium mining and development company fell to a 52-week low of 8.7 cents per share in earlier trading today. The Peninsula Energy share price is curr...

Stockhead’s Top 10 at 10-ish, published at an appropriate time each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live (not frozen!) data. It’s a short, sharp update to help frame the trading day...

Uranium spot prices have risen beyond US$56/lb this year Sprott says the “stars are aligning” for uranium and nuclear energy Here are five reasons the investment manager sees yellowcake getting tastier North American investment manager...

Uranium is peaking right now on the dancefloor of our energy transition and there’s a bunch of ASX-listed juniors with tangible projects that have been waiting all too patiently to get their groove on. Once-shuttered uranium mines are start...

U308 now trading at uS$56/lb, up from under US$20lb in 2016 60 new reactors under construction, 104 planned, 338 proposed China now becoming a major player John Borshoff last year warned nuclear utilities which had failed to incentivise n...

Peninsula Energy has had to delay its Lance uranium project due to its resin processing provider Uranium Energy (UEC) pulling out. The company will now accelerate its own development of a production plant to produce yellowcake product and...

The ASX was up half a per cent at market close. Energy and financials were the strongest sectors, while mining and comms lost some ground. Ampol gained more than four per cent on its unaudited half-yearly report, with EBITDA of $800 mill...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a decent gain. At the time of writing, the benchmark index is up 0.4% to 7,313.7 points. Four ASX shares that have failed to follow the market higher today ar...