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BUZZ-Australia's Peninsula Energy rises on approval for uranium project area expansion

ReutersJan 14, 2025 2:25 AM

Shares of Peninsula Energy Ltd PEN.AX rise as much as 11.6% to A$1.440, posting their biggest intraday pct gain since Dec. 24, 2024

Stock touches highest level since Jan. 6

Uranium miner says it has received final approval from U.S. regulators to expand the authorised mine permit area for its flagship Lance Uranium project in Wyoming

Says expansion will include Kendrick project area

Stock fell 38.4% in 2024

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.shaikh@thomsonreuters.com))

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