Pensana Plc (LON:PRE – Get Free Report)’s share price was up 5.9% during trading on Wednesday . The company traded as high as GBX 22.50 ($0.30) and last traded at GBX 21.60 ($0.29). Approximately 1,351,902 shares traded hands during mid-day trading, an increase of 101% from the average daily volume of 673,487 shares. The stock had previously closed at GBX 20.40 ($0.27).
Pensana Stock Up 10.3 %
The company has a fifty day simple moving average of GBX 15.22 and a 200-day simple moving average of GBX 20.15. The firm has a market cap of £65.31 million, a P/E ratio of -2,040.00 and a beta of 0.68.
Insider Transactions at Pensana
In other Pensana news, insider Paul Campbell Atherley sold 65,000 shares of the firm’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of GBX 18 ($0.24), for a total transaction of £11,700 ($15,666.85). Insiders own 39.01% of the company’s stock.
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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