Pensana (LON:PRE) Trading 9.3% Higher

Pensana Plc (LON:PREGet Free Report)’s share price was up 9.3% on Thursday . The company traded as high as GBX 17.49 ($0.23) and last traded at GBX 16.40 ($0.22). Approximately 921,923 shares were traded during mid-day trading, an increase of 40% from the average daily volume of 659,085 shares. The stock had previously closed at GBX 15 ($0.20).

Pensana Stock Performance

The firm’s 50-day moving average is GBX 15.12 and its two-hundred day moving average is GBX 20.46. The stock has a market cap of £50.94 million, a P/E ratio of -1,755.00 and a beta of 0.68.

Insider Activity

In other Pensana news, insider Paul Campbell Atherley sold 65,000 shares of the company’s stock in a transaction dated Friday, July 12th. The shares were sold at an average price of GBX 18 ($0.24), for a total transaction of £11,700 ($15,455.75). Insiders own 39.01% of the company’s stock.

About Pensana

(Get Free Report)

Pensana Plc engages in the exploration and development of mineral properties in Angola. The company primarily explores for neodymium and praseodymium (NdPr) deposits. Its flagship assets are the Saltend rare earth project located in the United Kingdom and the Longonjo NdPr project located in Angola. The company was formerly known as Pensana Rare Earths Plc and changed its name to Pensana Plc in February 2021.

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