Articles On Peninsula Energy (ASX:PEN)

Leo Lithium (ASX:LLL) reports it has appointed Ron Chamberlain as chief financial officer (CFO) and joint company secretary. The company says Chamberlain is a ‘seasoned’ Perth-based ASX 100 and 200 resources-based CFO and company secretary...

Highlights The ASX 200 benchmark index closed in the green today (November 25), gaining 17.70 points or 0.24% to end at 7,259.50 points. Over the last five days, the index has gained 1.51%, but is down 2.49% for the last year to date....

Peninsula Energy (PEN) completes its $32 million placement to restart uranium production at the Lance projects in the US state of WyomingThe company issued more than 244 million shares to private investors at 13.1 cents to raise the funds a...

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...

Peninsula Energy (PEN) will restart uranium production operations at the Lance projects in Wyoming after completing a final investment decision (FID) The company is raising $35 million through a placement and share purchase plan to transiti...

ASX-listed US uranium explorer Peninsula Energy Limited was passing around the hat for $32 million on Thursday morning to restart sections of its paused Lance project.

It’s lunchtime on Thursday in Waterloo’s Cauliflower Hotel and as Eggplant Bruschetta  the benchmark is trading stupidly higher – up 1.80% – and the Energy Sector is leading the way, as per, up 3%. Talk turns from weird pub food and the lon...

Lithium, two years ago, was unloved. Then, a sudden but completely foreseeable realisation that we didn’t have enough to feed the EV thematic sparked massive price rises, which encouraged investment, which has now inspired fresh exploration...

The ASX200 is riding Wall Street’s coattails today up 044% Nine out of eleven sectors were higher, with real estate leading the charge Technology was a close second with the help of a unicorn takeover bid   Wall Street rallied on Friday a...

Peninsula Energy’s (PEN) definitive feasibility study (DFS) positions its Lance projects, in Wyoming, as a globally competitive in-situ recovery (ISR) uranium operation The company completed a DFS for the Ross and Kendrick production areas...

Wyoming’s sprawling Great Divide Basin is synonymous with US uranium, and with the domestic US nuclear resurgence in full swing there may not be a better place to explore. It seems remarkable that just one pure-play exploration company – GT...

ShareCafeEvening Report: 8 June, 2022 by Lauren Evans   The Australian sharemarket finished higher despite easing back its gains in the afternoon session. All sectors closed higher, except financials, down 2.9 per cent as major banks weighe...

The Peninsula Energy Ltd (ASX: PEN) share price exploded today following positive news for the global uranium market. Peninsula shares spent all day in the green, surging to close 20% higher at 21 cents apiece. In contrast, the S&P/AS...

Benchmark lifts on uranium, energy gains Small caps on energy and materials Newcomer Southern Palladium nails debut. Nails. It.   The benchmark is higher and the small cap index is a bit higher, but the real action on a lazy winter Wednes...

Heavy selling among mortgage lenders dented strong early gains as the share market struggled to move past yesterday’s jumbo interest rate rise. The S&P/ASX 200 finished 25 points or 0.36 per cent ahead after earlier rising as much as...

ASX 200 energy shares are having a stellar day on the market today. The S&P/ASX 200 Energy Index (ASX: XEJ) is currently up 4% to 11,117 points. For perspective, the S&P/ASX 200 Index (ASX: XJO) is 0.4% in the green today. Let’s...

ASX uranium shares are surging today following in the footsteps of US markets overnight. Shares soaring include Paladin Energy Ltd (ASX: PDN), Bannerman Energy Ltd (ASX: BMN), Peninsula Energy Ltd (ASX: PEN) and Boss Energy Ltd (ASX: BOE)...

Takeover interest and positive overseas leads helped settle share market jitters after yesterday’s bumper interest rate rise. The S&P/ASX 200 bounced 50 points or 0.71 per cent by mid-session. The rally reversed almost half of yester...

US is reportingly seeking US$4.4bn to buy enriched uranium directly from domestic producers On the ASX it is a sea of green for the uranium cohort, led by GTI, 92 Energy and Peninsula American West Metals receives “best assays to date” — a...

The Paladin Energy Ltd (ASX: PDN) share price has been a very strong performer on Wednesday. In morning trade, the uranium producer’s shares are up 13% to 79.5 cents. Why is the Paladin Energy share price shooting higher? Investors have be...

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...

V-Con is Stockhead’s investing focused video conference series, bringing you expert insights, panel discussions and presentations from leading analysts, listed small caps and industry players. The uranium revival is underway. Small recent d...

Highlights Western sanctions on Russian imports have disrupted the supply chain of various key commodities. The upward momentum in uranium prices in early 2022 was driven by supply risks and higher demand prospects. Prices of uranium...

Peninsula Energy (PEN) receives approval to use different oxidants in the uranium extraction process at its Lance project in Wyoming, US The Wyoming Department of Environmental Quality granted the licence amendment, allowing Peninsula to u...

The Paladin Energy Ltd (ASX: PDN) share price closed almost 10% higher today despite no news from the company. The company’s shares finished the day at 91 cents, a 9.64% gain. For perspective, the S&P/ASX 200 Energy Index (ASX: XEJ) c...

ASX uranium shares are soaring today amid a positive outlook for the uranium price. Among ASX uranium shares surging today are Peninsula Energy Ltd (ASX: PEN) and Bannerman Energy Ltd (ASX: BMN). Close on their tails are Deep Yellow Limit...

ASX uranium shares are launching higher in Friday’s session following a similar surge in the energy commodity’s price overnight. The S&P/ASX Energy Index (ASX: XEJ) is Friday’s best performing sector. That’s likely also helping push th...

Peninsula Energy (PEN) ) poised to begin an updated feasibility study for its flagship Lance uranium project in the US state of Wyoming The company says the updated study is expected to be completed in the third quarter of CY 2022 and will...

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...