Articles On Peninsula Energy (ASX:PEN)

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’...

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.