Canaccord Genuity Reaffirms Their Buy Rating on Peninsula Energy Limited (PENMF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 05 2024
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Source: Business Insider
Analyst Ratings: Canaccord Genuity analyst James Bullen has maintained a Buy rating on Peninsula Energy Limited with a price target of A$0.20, while the stock currently trades at $0.06. The overall analyst consensus suggests a Moderate Buy rating with an average price target of $0.15, indicating significant upside potential.
Insider Activity and Company Overview: Positive sentiment from corporate insiders is noted, with increased buying activity in shares of PENMF. Peninsula Energy Ltd. focuses on uranium mining and operates projects in Wyoming, USA, and South Africa, having been founded in 1993 and headquartered in Australia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
