Australia's Peninsula Energy falls on flagging impairment charge
25/09/2026 02:01
BUZZ-Australia's Peninsula Energy falls on flagging impairment charge ** Shares of Peninsula Energy PEN.AX fall as much as 3.9% to A$0.25, their lowest level since September 17
** On Thursday after-market hours, co said it expects to recognise a non-cash impairment expense of $50 million for the year from its Lance Project in the US
** Stock falls for third consecutive session
** Stock down 60.9% YTD, including moves in current session
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
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