Articles On Peninsula Energy (ASX:PEN)

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

The ASX Emerging Companies (XEC) index is busting out after a three-session losing streak that felt like ten days. I should know, I spent a week in Canberra one afternoon when I was about 15. Anyway, the index for sensational small caps is...

The share market booked its first gain in four sessions after the Reserve Bank renewed its pledge to be patient on raising rates.   The S&P/ASX 200 overcame weak leads and downbeat economic data to rally 73 points or 1.04 per cent...

The dollar rose and stocks fell as extreme moves in commodity prices drove Asian markets and US and European futures sharply lower. The S&P/ASX 200 fell 72 points or 1.02 per cent to its lowest close in more than a week. Strong ga...

The share market fell steadily all morning as the threat of embargoes on Russian energy exports drove crude prices sharply higher and US and European futures firmly lower.   The S&P/ASX 200 sank 91 points or 1.28 per cent after a bri...

For now, all roads for ASX shares still lead back to the Russia-Ukraine war. And today investors hit the risk-off button as the conflict still looks to be well and truly in the escalation phase. The five-day winning streak for ASX microcaps...

A message from our CIO, Scott Phillips: “G’day Fools. If you’re like us, you’re dismayed by the events taking place in Ukraine. It is an unnecessary humanitarian tragedy. Times like these remind us that money is important, but other things...

A message from our CIO, Scott Phillips: “G’day Fools. If you’re like us, you’re dismayed by the events taking place in Ukraine. It is an unnecessary humanitarian tragedy. Times like these remind us that money is important, but other things...

The share market erased much of its gain for the week after Ukraine reported Europe’s largest nuclear power plant was on fire following a Russian attack. The S&P/ASX 200 slumped 76 points or 107 per cent by mid-session. A negative cl...

The reasons why the Aussie uranium sector could well claim hot status before long have continued to mount. Stockhead readers don’t need a roll call of them all but Garimpeiro reckons the most important was the recent advice from Canadian gi...

Listed uranium specialist Peninsula Energy (PEN) commits an extra US$3.4 million (A$4.7 million) to early mining prep work at its Lance Project in Wyoming, USA The supplementary funding will speed up the potential restart of uranium produc...

"We want to position Lance for the best opportunity to resume commercial production operations quickly, efficiently, and successfully, in the event that a final investment decision to restart the project is made in the coming year,” said MD...

“We are thrilled to welcome someone of Rachel’s calibre to the Peninsula board. Rachel is a highly regarded professional with commercial acumen and excellent uranium experience having played a key role on the development of the Honeymoon IS...

Preparations are underway to complete a key drill program at GTI Resources’ Thor ISR uranium project in Wyoming’s Great Divide basin after early results from 2021 demonstrated its potential to become an economic uranium mine. Field preparat...

Amid a global shift in attitude towards decarbonisation, mitigating climate change, and reducing emissions, the world is waking up to the fact that uranium – and more importantly, nuclear energy – has a critical part to play. In fact, Goldm...

Without a doubt, 2021 has been a triumphant year for ASX-listed uranium shares. To illustrate, many companies with exposure to the silvery-grey metal have surged 100% or more in value this year. The heightened concerns of climate change ha...

Peninsula Energy (ASX:PEN) has ended field operations at its wholly-owned, US-based, Lance Uranium Project seven months early The primary objectives for the low pH field demonstration were met once multiple production pattern configuration...

“Over the past 16 months, operation of the field demonstration has delivered valuable results as we consider progressing the Lance Project toward a return to production. We can now compile and evaluate the site-specific data into the format...

Shares in uranium mining company Peninsula Energy Ltd (ASX: PEN) are climbing in afternoon trade and are currently 4.9% higher at 26 cents each. Peninsula Energy shares are on the move after the company released its quarterly activities a...

Investors might be turning their eyes once again to ASX-listed renewable shares on Monday. The ‘green’ grouping of investments is topical after the Australian National party agreed on a pivotal climate deal. It has been a week in the maki...

Metals markets are exceptionally volatile (figure 1), reminding me very much of the volatility we saw in late 2008 — a period characterised by deflating asset prices, negative world GDP growth and falling interest rates. This was followed b...

The Peninsula Energy Ltd (ASX: PEN) share price had a strong Tuesday, further adding to its weekly gain. At market close, the energy producer’s shares are up 5.46% to 29 cents apiece. This means that over the past week, its shares have now...

The company’s strategy is to become a new leader in North American carbon-free nuclear energy by assembling a portfolio of high-quality uranium assets through acquisitions and exploration.  Okapi Resources (ASX:OKR) has established a maide...

ASX uranium shares are posting broad-based gains as the bullish case for nuclear energy gathers momentum. ASX uranium shares surge on Monday The largest ASX-listed uranium player, Paladin Energy Ltd (ASX: PDN) is up 8.64% to 88 cents. E...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

The ASX 200 was unable to break free from its recent shackles, edging lower by 0.11% in the Wednesday session. But as a measure of a little more risk-on sentiment creeping back into markets, the microcap Emerging Markets index comfortably o...

The share market’s losing run extended into a third day as investors fretted about stagflation, a growth downgrade from the International Monetary Fund and risk events in the US tonight. The S&P/ASX 200 traded both sides of break-eve...

The share market marked time ahead of risk events in the US as gains in growth and defensive stocks were largely offset by declines in heavyweight banks and iron ore producers. The S&P/ASX 200 traded both sides of break-even before r...

The Peninsula Energy Ltd (ASX: PEN) share price is having a bumper day, surging 19.57% to 27.5 cents. Peninsula Energy owns the Lance Uranium Projects in Wyoming, in the United States. The company is currently transitioning its production...

ASX uranium shares are again finding a footing on Friday after rallying to multi-year highs in mid-September. The largest ASX-listed uranium player, Paladin Energy Ltd (ASX: PDN), opened 5.63% higher to 75 cents before its gains faded to...

It is a volatile day on the market for the Deep Yellow Limited (ASX: DYL) share price on Thursday. At the time of writing, shares in the uranium exploration company are down 2.19% to 90 cents. However, the company’s shares touched 86.5 ce...

The Boss Energy Ltd (ASX: BOE) share price has taken a tumble over the last fortnight despite no news having been released by the uranium producer. The company’s stock is dipping alongside the price of uranium. The commodity’s spot price p...

It looked like ASX uranium shares were making a run for the moon in September, many of which surged to multi-year highs. Uranium prices skyrocketed at the beginning of the month, surging from US$30/lb to above US$50/lb for the first time...

The Peninsula Energy Ltd (ASX: PEN) share price might have hit a near-term top after rallying to a 3-year high of 35 cents on 17 September. Shares in the uranium explorer have since tumbled 25% to 25 cents. Why the Peninsula Energy share...

ASX uranium shares have enjoyed some monstrous gains in the past month thanks to skyrocketing uranium prices. Between 31 August and 16 September, the largest ASX-listed uranium player, Paladin Energy Ltd (ASX: PDN) surged almost 120% from...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The uranium price is going gangbusters, and the spot price has punched through $50/lb for first time in nine years. The spark for this price rise is the Sprott Physical Uranium Trust, which used a US$300 million at-the-market equity raise t...

Among the stocks running hottest this week was ViaGold Rare Earths Resources (ASX:VIA), which counts some big Chinese companies as major shareholders and has been surging in September on no news. Each week, Stockhead recaps ASX stocks that...

ASX uranium shares have taken the spotlight after uranium prices skyrocketed more than 60% in the past month to over US$50/lb. Uranium shares were quick to rerate, many of which have doubled in the past month. The largest ASX-listed uran...

Australia’s bourse had its biggest decline since February 26 falling by over 2%. The ASX 200 fell 2.1% to close at 7,248 and is down 5% since August 13. The ASX Emerging Companies Index fared worse, losing over 4% in its worst day since Apr...

ASX uranium shares have pulled back sharply on Monday following a weak open for the S&P/ASX 200 Index (ASX: XJO). Steep declines for the uranium sector ASX uranium shares opened to a sea of red on Monday. The largest ASX-listed uraniu...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

ASX uranium shares are going nuclear after uranium spot prices jumped to 9-year highs of US$48/lb according to S&P Global Platts. A month ago, uranium was fetching for just ~US$30/lb. ASX uranium shares going parabolic The largest ASX...

The 92 Energy Ltd (ASX: 92E) share price boomed in September thanks to the recent hype around uranium spot prices. 92 Energy listed on the ASX on 15 April after successfully raising $7 million at 20 cents per share. The company said it is...

Uranium stocks are going nuclear as the industry booms from surging spot prices. According to S&P Global, uranium spot prices rose sharply to a 9-year high of US$48/lb on Wednesday. But for Australians looking for investment exposure...

Highlights The price of uranium has increased by 43.81% in 2021 to trade above US$40 per pound. The US and China are supporting nuclear power as a part of their aim to limit carbon emissions and attain carbon neutrality. The demand fo...

The ASX closed higher today and it was all thanks to the latest moves in the uranium sector. Spot prices have reached ~7 year highs with the latest catalyst being the Sprott Physical Uranium Trust buying up more physical uranium and spot pr...

The DevEx Resources Ltd (ASX: DEV) share price is extending its month-long run on Monday. At the time of writing, shares in the mining exploration company are trading 15% higher to 36 cents per share. The continued momentum in the company’...