Peninsula Energ (OTCMKTS:PENMF) Short Interest Update

Peninsula Energ (OTCMKTS:PENMF) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,195,578 shares, a decline of 17.4% from the December 31st total of 1,447,271 shares. Based on an average daily volume of 122,628 shares, the short-interest ratio is currently 9.7 days. Currently, 0.8% of the shares of the company are sold short. Currently, 0.8% of the shares of the company are sold short. Based on an average daily volume of 122,628 shares, the short-interest ratio is currently 9.7 days.

Peninsula Energ Stock Performance

Shares of Peninsula Energ stock opened at $0.60 on Wednesday. Peninsula Energ has a twelve month low of $0.17 and a twelve month high of $0.77. The company’s 50 day moving average is $0.47 and its 200 day moving average is $0.39.

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.