Peninsula Energy Ltd (PENMF) Stock Forecast & Analysis
Peninsula Energy Limited (OTC: PENMF, ASX: PEN) is a US-focused uranium producer operating the 100%-owned Lance Project in Wyoming. The Lance Project has a JORC Resource of 58.0 Mlbs U₃O₈. Production restarted in December 2024 using low-pH ISR.
What does Peninsula Energy (PENMF) do?
Peninsula Energy operates the Lance ISR uranium project in Wyoming, USA, as one of the newest independent end-to-end uranium producers in North America.
How much uranium resources does Peninsula Energy have?
Peninsula Energy has approximately 58.0 million pounds of U₃O₈ in total JORC resources at the Lance Project.
Is PENMF a good uranium investment?
PENMF offers leverage to uranium prices as a recently restarted ISR producer in a Tier-1 US jurisdiction with long-term sales contracts, but carries ramp-up risk.
Margin & leverage
resource source Full screener →Margin vs spot (FS cost)
$47/lb
spot $90 − fs cost $42 · 53% of spot
In-situ leverage
47.0×
in-situ resource value ÷ market cap
Jurisdiction
Wyoming
Computed live from the screener's cited resource and cost inputs and the current spot price; margins use FS cost where the company disclosed it.
Mine projects
Full project table →| Project | Location | Status | Resource | Grade | AISC | Source |
|---|---|---|---|---|---|---|
| Lance Projectsrestart target 2024 | WyomingUSA | Operating | 58.0 Mlb | 0.05% U3O8 | $36/lb | source |
Curated mine & project database, updated 2026-07-10. Deposit type and restart status per the linked disclosures.
Production guidance vs delivery
Sector-wide tracker →| Period | Metric | Guidance | Revised | Actual | Delta | Source |
|---|---|---|---|---|---|---|
| CY2025 | U3O8 production, lb (Lance ramp-up year 1) | 0.7–0.9 Mlbs (700,000–900,000 lb)as of 2024-08 | ~600,000 lb, with all other CY2025 guidance withdrawn | pending | Guidance withdrawn | source |
| CY2026 | U3O8 production, Mlbs (Lance) | 1.4–1.6 Mlbsas of 2024-08 | 1.1–1.3 Mlbs | pending | Guidance withdrawn | source |
Guidance and actuals verbatim from company disclosures, revisions append-only. Updated 2026-09-17.
Mines & facilities
Mines map →- Lance Project - RossOperating · Wyoming, USA
About Peninsula Energy Ltd (PENMF)
Peninsula Energy Limited (OTC: PENMF, ASX: PEN) is a US-focused uranium producer operating the 100%-owned Lance Project in Wyoming. The Lance Project has a JORC Resource of 58.0 Mlbs U₃O₈. Production restarted in December 2024 using low-pH ISR.
Frequently Asked Questions about PENMF
What does Peninsula Energy (PENMF) do?
Peninsula Energy operates the Lance ISR uranium project in Wyoming, USA, as one of the newest independent end-to-end uranium producers in North America.
How much uranium resources does Peninsula Energy have?
Peninsula Energy has approximately 58.0 million pounds of U₃O₈ in total JORC resources at the Lance Project.
Is PENMF a good uranium investment?
PENMF offers leverage to uranium prices as a recently restarted ISR producer in a Tier-1 US jurisdiction with long-term sales contracts, but carries ramp-up risk.
Dividend & analyst view for PENMF
Dividend
Peninsula Energy Ltd (PENMF) does not currently pay a dividend — common for uranium developers and explorers that reinvest in their projects.
The weekly uranium brief
Spot moves, SPUT flows, filings, and contract news, once a week. Plus a free daily CSV of our uranium equity screener snapshot.
Cite this page
Using our data in an article or report? Please credit Yellowcake Analytics with a link.
Yellowcake Analytics. "Peninsula Energy Ltd (PENMF) Stock Analysis." Yellowcake Analytics, 2026, https://www.yellowcakeanalytics.com/stocks/PENMF.
<a href="https://www.yellowcakeanalytics.com/stocks/PENMF">Peninsula Energy Ltd (PENMF) Stock Analysis</a> — Yellowcake Analytics (www.yellowcakeanalytics.com)