Pensana (LON:PRE) Trading 4.1% Higher

Pensana Plc (LON:PREGet Free Report) shares traded up 4.1% on Tuesday . The stock traded as high as GBX 23.40 ($0.29) and last traded at GBX 22.95 ($0.29). 754,978 shares traded hands during trading, an increase of 35% from the average session volume of 561,255 shares. The stock had previously closed at GBX 22.05 ($0.28).

Pensana Stock Performance

The firm’s 50 day moving average is GBX 26.16 and its two-hundred day moving average is GBX 26.29. The stock has a market capitalization of £64.17 million, a PE ratio of -2,295.00 and a beta of 0.76.

Insider Buying and Selling

In other news, insider Tim George acquired 19,461 shares of the company’s stock in a transaction on Friday, April 5th. The shares were bought at an average cost of GBX 26 ($0.33) per share, with a total value of £5,059.86 ($6,356.61). 39.78% of the stock is owned by insiders.

Pensana Company Profile

(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.

Further Reading

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