Pensana Plc (LON:PRE – Get Free Report) shares traded up 5.9% during trading on Wednesday . The stock traded as high as GBX 22.50 ($0.30) and last traded at GBX 21.60 ($0.29). 1,351,902 shares traded hands during mid-day trading, an increase of 101% from the average session volume of 673,487 shares. The stock had previously closed at GBX 20.40 ($0.27).
Pensana Trading Down 5.2 %
The company has a market cap of £68.50 million, a price-to-earnings ratio of -2,490.00 and a beta of 0.68. The stock’s 50 day moving average price is GBX 15.37 and its 200 day moving average price is GBX 20.11.
Insider Buying and Selling
In other Pensana news, insider Paul Campbell Atherley sold 65,000 shares of Pensana stock in a transaction on Friday, July 12th. The shares were sold at an average price of GBX 18 ($0.24), for a total value of £11,700 ($15,666.85). 39.01% of the stock is currently owned by company insiders.
Pensana Company Profile
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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