Pensana Plc (LON:PRE – Get Free Report)’s stock price shot up 9.3% during trading on Thursday . The company traded as high as GBX 17.49 ($0.23) and last traded at GBX 16.40 ($0.22). 921,923 shares traded hands during trading, an increase of 40% from the average session volume of 659,085 shares. The stock had previously closed at GBX 15 ($0.20).
Pensana Trading Up 13.0 %
The business has a 50-day moving average price of GBX 15.17 and a 200 day moving average price of GBX 20.51. The company has a market cap of £49.21 million, a price-to-earnings ratio of -1,500.00 and a beta of 0.68.
Insider Activity
In other news, insider Paul Campbell Atherley sold 65,000 shares of the stock in a transaction on Friday, July 12th. The stock was 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
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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