Pensana (OTCMKTS:PNSPF) Trading Up 13.1% – Here’s Why

Pensana Plc (OTCMKTS:PNSPF)’s stock price shot up 13.1% on Friday . The stock traded as high as C$0.35 and last traded at C$0.35. 2,500 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 5,500 shares. The stock had previously closed at C$0.31.

Pensana Stock Up 13.1 %

The firm’s 50 day moving average price is C$0.25 and its two-hundred day moving average price is C$0.22.

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.