Peninsula Energ (OTCMKTS:PENMF) Stock Passes Below 50 Day Moving Average – Should You Sell?

Peninsula Energ (OTCMKTS:PENMFGet Free Report) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.35 and traded as low as $0.3290. Peninsula Energ shares last traded at $0.3290, with a volume of 91,288 shares.

Peninsula Energ Stock Down 6.9%

The business’s 50 day simple moving average is $0.35 and its two-hundred day simple moving average is $0.37.

About Peninsula Energ

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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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