Harleys Research has a “speculative buy" on Peninsula Energy and a price target of $0.046 a share.
It says that with uranium prices seemingly improving, and the company having reduced the funding start-up capex hurdle, PEN now appears better positioned to reach production.
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Elise Shaw writes on Markets specialising in Equity Markets, Commodities, Mining. Based in our Sydney newsroom, Elise has over 25 years experience as a finance and markets journalist and editor. Connect with Elise on Twitter.
