Pensana Plc (LON:PRE – Get Free Report)’s stock price traded down 9.6% during trading on Wednesday . The stock traded as low as GBX 13.25 ($0.17) and last traded at GBX 13.25 ($0.17). 2,153,801 shares were traded during trading, an increase of 237% from the average session volume of 639,230 shares. The stock had previously closed at GBX 14.65 ($0.19).
Pensana Price Performance
The firm has a 50-day simple moving average of GBX 17.30 and a two-hundred day simple moving average of GBX 22.99. The company has a market cap of £40.35 million, a PE ratio of -1,390.00 and a beta of 0.71.
Insider Activity at Pensana
In related news, insider Paul Campbell Atherley sold 65,000 shares of the company’s stock in a transaction on Friday, July 12th. The stock was sold at an average price of GBX 18 ($0.23), for a total transaction of £11,700 ($14,938.71). Company 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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