Peninsula Energy (OTCMKTS:PENMF) Stock Rating Upgraded by Zacks Investment Research

Peninsula Energy (OTCMKTS:PENMF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Wednesday, Zacks.com reports.

According to Zacks, “Peninsula Energy Limited explores, develops and mines uranium properties primarily in the United States. The company’s project primarily includes Lance uranium projects in Wyoming, the United States. Peninsula Energy Limited is based in Subiaco, Australia. “

OTCMKTS PENMF opened at $0.10 on Wednesday. The firm has a market capitalization of $24.05 million, a price-to-earnings ratio of -10.29 and a beta of 1.15. The firm’s 50 day simple moving average is $0.10 and its 200 day simple moving average is $0.09. Peninsula Energy has a 1 year low of $0.02 and a 1 year high of $7.50.

About Peninsula Energy

Peninsula Energy Limited, together with its subsidiaries, engages in the exploration, development, and mining of uranium deposits in the United States. It holds a 100% interest in the Lance uranium project situated in Wyoming; and interest in Karoo Uranium Projects, South Africa. The company was formerly known as Peninsula Minerals Limited and changed its name to Peninsula Energy Limited in November 2010.

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