All U stocks have taken a hit this past week, but considering PEN did a raise at 7.5c, the SP has held up quite well (I was expecting a lot of quick profit takers even as low as 9c - 10c range)
PEN underperformed last year due to the UEC news and expected CR.. however that is now all behind us
If you look back around April - May 2023, as PEN was expected to go into production, you would see the SP outperformed other U stocks
Same thing with BOE and PDN.. their SP outperformed as they neared production
So I'm expecting PEN to do the same in the months ahead as we near production with each day. We should also be getting plenty more news flow and announcements to keep the market happy/interested
On top of this, the uranium fundamentals has never been better and spot price will continue to rise
All U stocks have taken a hit this past week, but considering...
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $334.0M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.0¢ | $2.210M | 19.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 381000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 7133047 | 87 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
11.5¢ |
Change
0.005 ( 2.77 %) |
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| Open | High | Low | Volume | ||
| 11.3¢ | 12.0¢ | 11.3¢ | 10183368 | ||
| Last updated 15.52pm 30/05/2024 ? | |||||
| PEN (ASX) Chart |