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

Peninsula Energy

14/01/2025 02:25

** 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))