Peninsula Energy (OTCMKTS:PENMF) Shares Cross Below 50 Day Moving Average – Should You Sell?

by · The Markets Daily

Peninsula Energy Limited (OTCMKTS:PENMF – Get Free Report)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.58 and traded as low as $0.32. Peninsula Energy shares last traded at $0.35, with a volume of 165,971 shares trading hands.

Peninsula Energy Stock Down 14.2 %

The stock has a fifty day simple moving average of $0.58 and a 200-day simple moving average of $0.76.

Peninsula Energy Company Profile

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Peninsula Energy Limited, together with its subsidiaries, operates as a uranium exploration company in the United States. The company's flagship project is its 100% owned Lance uranium project located in Wyoming. The company was formerly known as Peninsula Minerals Limited and changed its name to Peninsula Energy Limited in November 2010.

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