Australia's Peninsula Energy gains on first yellowcake output at US site

Peninsula Energy

16/09/2025 05:13

** Peninsula Energy PEN.AX soar as much as 17.9% to A$0.33, highest since September 3

** Stock marks biggest intraday pct gain since August 6, 2024

** Uranium miner produces first output at Lance Project in Wyoming, USA

** Says it has become fully independent, end-to-end producer of dried yellowcake, or concentrated uranium powder

** PEN falls 65.8% YTD

 (Reporting by Komal Pooja Asokan in Bengaluru)

 ((komalpooja.asokan@thomsonreuters.com))