Peninsula Energ (OTCMKTS:PENMF) Short Interest Update

Peninsula Energ (OTCMKTS:PENMF) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 24,897 shares, a growth of 2,466.7% from the June 30th total of 970 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 19,098 shares, the short-interest ratio is presently 1.3 days.

Peninsula Energ Stock Performance

Shares of PENMF stock traded down $0.03 during trading hours on Friday, reaching $0.17. The company had a trading volume of 12,500 shares, compared to its average volume of 54,380. Peninsula Energ has a 1-year low of $0.17 and a 1-year high of $0.77. The company has a 50 day moving average of $0.28 and a 200 day moving average of $0.41.

Peninsula Energ Company Profile

Peninsula Energy Limited (OTCMKTS: PENMF) is an Australia-based uranium mining and development company focused on in-situ recovery (ISR) extraction in the United States. The company’s primary asset is the Lance Projects, located within Wyoming’s Powder River Basin, where it operates a central processing plant and associated wellfields under license from the U.S. Nuclear Regulatory Commission. Peninsula Energy’s ISR approach involves circulating oxygenated water through subsurface sandstone aquifers to dissolve uranium, then recovering the uranium-rich solution at surface facilities for purification and precipitation as U3O8.

In addition to its flagship Lance Projects, Peninsula Energy holds exploration and development rights for nearby satellite deposits in the Barnes Dome area of Wyoming.