Articles On Peninsula Energy (ASX:PEN)

ASX uranium shares are surging on Monday as spot prices boom to above US$40/lb for the first time in 8-years. ASX uranium shares deliver double-digit gains across the board The largest ASX-listed uranium player, Paladin Energy Ltd (ASX: P...

The uranium space is going bonkers. The spark has been the Sprott Physical Uranium Trust (SPUT), which started buying up physical uranium and taking it out of market circulation in August. So far, this has pushed spot price to +6-year highs...

The Peninsula Energy Ltd (ASX: PEN) share price has bolted out of the gates in today’s session. Shares in the uranium miner have stormed 20.45%, reaching 26.5 cents in late morning trade.   Let’s take a look at what’s fuelling the Peninsul...

ASX uranium shares have boomed to multi-year highs following a boom in uranium prices. Uranium spot prices have been in a prolonged bear market, plunging from around US$136/lb in 2008 to below US$30/lb between mid-2016 and early-2020. It...

The Peninsula Energy Ltd (ASX: PEN) share price has surged 70% since late August, briefly hitting a 2-year high of 23 cents on Monday. Shares in the uranium explorer are currently changing hands for 21 cents. Peninsula Energy operates the...

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services pro...

The field demonstration has been operating for more than a year with target flow and solution chemistry achieved and maintained while key learnings include well pattern configuration criteria.

After the largest three week rise on record for the uranium price, brokers lift their long-term uranium price forecasts and raise price targets for shares. -Largest spot market volumes since 1966-Long-term uranium forecast price of US$60-Th...

The Paladin Energy Ltd (ASX: PDN) share price continues its recent momentum, surging 8.33% in early trade on Monday. At the time of writing, the uranium miner’s share price is up 5.13% at 82 cents a share. Here’s what might be driving the...

Uranium is going gangbusters right now. The spot uranium price has pushed past $35/lb for first time in six years thanks to the Sprott Physical Uranium Trust (SPUT) sparking the lift when it started buying up and storing physical uranium. S...

The company is also the only ASX-listed uranium company that has the immediate ability to take advantage of US government programs supporting domestic uranium production. 

Last week, the Sprott Physical Uranium Trust (SPUT) started buying up physical uranium, taking it out of market circulation. This yellowcake will be sequestered for the long term. Last week it was 900,000lb. On Tuesday another 400,000lb was...

The event featured Calima Energy, Peninsula Energy and Brookside Energy and was live-streamed on the Proactive Youtube channel.

No other mineral has generated as much controversy globally as uranium, and this week the debate over its place in Australia’s energy mix has once again come to the fore. Speaking on the Sky News channel, deputy Nationals leader David Littl...

Summary  The mining of Crypto currencies draws an enormous amount of electricity The mining industry is continuously facing challenges because of its high energy use and environmental concerns. Crypto miners are seeking cheap and clea...

Field operations have run consistently and the response has indicated favourable trends with no further field layout adjustments required.

Net proceeds of the recent SPP will be used to settle the purchase of 300,000 pounds of natural uranium concentrates which the board believes is strategically aligned with preparations for the company’s flagship Lance Project to transition...

Momentum is steadily building for uranium companies, as investors who have bet on the bottom for the past several years begin to see returns amid broader positive sentiment in the market. Percolating in the background is a wave of optimism...

On Thursday afternoon the Australian shares were trading lower, in line with Wall Street which closed lower in overnight trade. The market extended losses for the second straight session, led by losses in bank, health care and energy stocks...

Net proceeds will be used to settle the purchase of 300,000 pounds of natural uranium concentrates which the board believes is strategically aligned with preparations for the company’s flagship Lance Project to transition to low pH ISR oper...

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

As the uranium spot price continues a four-week winning streak, Uranium Participation Corp concludes an equity raising to fund future purchases of uranium -Uranium Participation Corp raises C$80m-Exelon seeks nuclear plant reprieve-Uranium...

The Full 180 is a fortnightly look at ASX capital raisings. We are entering our fourth week (or so) of a quiet/consolidation period for capital raisings. We are chugging along at a pace of four to six share placements per day, with volumes...

Summary The ASX200 hit a fresh high of 7,186.80, breaching its previous peak touched on May 11. Poultry producer Inghams Group emerged as a top performer on the ASX with 8% gain. Nine of the 11 sectoral indices ended in green, while m...

The placement and SPP will fund the purchase of 300,000 pounds of uranium at a price of US$31.35 per pound, a strategic purchase that will assist the company as it transitions the Lance Project in Wyoming to a low pH ISR operation.

URANIUM bull Peninsula Energy has 'put its money where its mouth is', raising A$13.4 million to buy 300,000 pounds of uranium priced at US$31.55/lb.

The ASX had a mixed day but closed narrowly in the green with a 0.03 per cent gain to 7,095 points while the ASX Emerging Companies Index gained 0.25 per cent to 2,164 points. While more sectors were down rather than up, it was offset by te...

Large and small caps had diverging fates on the ASX today with the former closing 0.32 per cent down from yesterday at 7,093 points while the ASX Emerging Companies Index rose 1.21 per cent to close at 2,159. The various ASX sectors were al...

The company is the only ASX-listed uranium company that has the immediate ability to take advantage of US Government programs supporting domestic uranium production.

The Peninsula Energy Ltd (ASX: PEN) share price won’t be going anywhere today. Securities in the uranium miner entered a trading halt before today’s session at the request of the company. Here’s why shares in Peninsula are halted and what...

Dacian Gold’s quest to snare a $40 million cash injection is off and racing. 

Shaw and Partners is delighted to be appointed as Joint Lead Manager to the proposed capital raising by Peninsula Energy (ASX: PEN).   Peninsula Energy is proposing to ra... Read More

The webinar will feature Lotus Resources, Peninsula Energy and Alligator Energy with projects in Africa, the US and Australia respectively.

Summary The S&P/ASX 200 is set to close higher for a second consecutive session on Monday, led by gains in consumer discretionary, tech and energy stocks. Resolute Mining Limited (ASX:RSG) was the top gainer on ASX, rising 7.39% to...

The field demonstration of low-pH In-Situ Recovery has been flexibly designed to generate comprehensive site-specific data on the influence of certain development and operational parameters ahead of a final investment decision to restart pr...

Tech stocks lift Wall Street as iron ore tumbles 12% All major indices in US rose on Friday, with the Dow Jones climbing by 1.06%, the S&P 500 rising 1.49%, and tech-heavy NASDAQ rising by 2.32%. Tech stocks led the charge, as US Treasu...

As the uranium spot price rose 3.8% for the week, share prices of current and prospective uranium producers rose solidly -Uranium equities outperform most indices-Cameco and Kazatomprom production reports-Uranium spot price rise by 3.8% for...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

The Peninsula Energy Ltd (ASX: PEN) share price has jumped 4% higher in morning trade to 13 cents apiece. Investors are watching the company’s share price after the uranium miner released its quarterly report. Let’s take a look at how Peni...

By 2030, there will not be enough uranium production to meet demand, even if every single idled mine and planned project goes into production. That’s the base case (most expected) scenario. The Nuclear Fuel Report 2019, World Nuclear Associ...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

Peninsula Energy Ltd (ASX: PEN) shares are on the rise today after the company provided a market update. At the time of writing, the Peninsula share price is soaring 8.7% higher to 12.5 cents. We take a look at the ASX uranium share’s late...

A field demonstration of low-pH In-Situ Recovery (ISR), which started in August 2020, is designed to provide key data on pattern configurations, pH adjustment, acid consumption and oxidants ahead of a decision to restart production at the L...

As the uranium price rise of recent weeks takes a breather, Cameco plans to restart production at the Cigar Lake mine -Cameco’s Cigar Lake mine to restart-Recent research on ASX-listed uranium companies-The weekly Spot uranium price falls -...

Source: naito29, Shutterstock Summary Two ASX energy stocks were under the spotlight on Tuesday due to a sudden rise in their stock prices. Peninsula Energy (ASX: PEN) signed various binding agreements to secure its CY21 and CY22 sale...