Peninsula Energ (OTCMKTS:PENMF) Short Interest Update

Peninsula Energ (OTCMKTS:PENMF) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 281 shares, a decline of 99.7% from the April 30th total of 104,308 shares. Based on an average daily volume of 118,191 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Peninsula Energ Stock Performance

Shares of OTCMKTS PENMF remained flat at $0.29 during trading hours on Wednesday. The company had a trading volume of 31,327 shares, compared to its average volume of 52,254. Peninsula Energ has a fifty-two week low of $0.17 and a fifty-two week high of $0.77. The firm has a fifty day moving average of $0.37 and a 200-day moving average of $0.43.

About Peninsula Energ

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.