Peninsula Energy (OTCMKTS:PENMF) Stock Passes Below 50-Day Moving Average – Time to Sell?

Peninsula Energy Limited (OTCMKTS:PENMFGet Free Report)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.46 and traded as low as $0.84. Peninsula Energy shares last traded at $0.90, with a volume of 7,010 shares changing hands.

Peninsula Energy Price Performance

The business’s 50-day moving average is $1.46 and its 200 day moving average is $0.55.

About Peninsula Energy

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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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