PEN peninsula energy limited
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Cameco production miss on 2023 guidance. 2024 guidance is 5mlb...

  1. Milcom
    1,302 Posts.
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    09/02/24
    11:12
    Post #: 72320976
    Cameco production miss on 2023 guidance.

    2024 guidance is 5mlb above 2023 production. I think that's what's causing the sell down. But deficit is more than 5mlbs so not sure what market was expecting anyway.

    Given they missed 2023 they will likely miss 2024. But markets are always fickle. Most likely just an excuse for profit taking.
    PEN Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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