Pensana Plc (LON:PRE – Get Free Report)’s stock price was up 9.7% during mid-day trading on Friday . The company traded as high as GBX 19.50 ($0.25) and last traded at GBX 19.50 ($0.25). Approximately 312,767 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 587,073 shares. The stock had previously closed at GBX 17.78 ($0.23).
Pensana Trading Up 3.8 %
The stock has a market capitalization of £53.28 million, a P/E ratio of -1,807.00 and a beta of 0.71. The company has a 50-day moving average price of GBX 21.91 and a 200 day moving average price of GBX 24.56.
Insiders Place Their Bets
In other news, insider Tim George acquired 21,034 shares of the business’s stock in a transaction dated Monday, April 15th. The shares were purchased at an average price of GBX 24 ($0.30) per share, with a total value of £5,048.16 ($6,403.86). 39.73% of the stock is currently owned by corporate insiders.
About Pensana
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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