Uranium is in the spotlight for all the wrong reasons. One of 2024’s hottest trades, short sellers are now preying on sector leaders Boss Energy and Paladin Energy as shares tumble.
One of the poster children for uranium’s ailing fortunes is Peninsula Energy, a $100 million market capitalisation uranium miner with a mine in Wyoming, US. Shares in the ASX-listed company have fallen almost 70 per cent over the past year and suspended from trading ahead of an expected production guidance downgrade.
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