Pensana Plc (LON:PRE – Get Free Report) traded up 0.2% during trading on Wednesday . The company traded as high as GBX 14.50 ($0.19) and last traded at GBX 14.08 ($0.19). 804,627 shares changed hands during mid-day trading, an increase of 25% from the average session volume of 643,913 shares. The stock had previously closed at GBX 14.05 ($0.18).
Pensana Stock Performance
The firm has a 50-day moving average price of GBX 16.13 and a 200-day moving average price of GBX 21.72. The stock has a market cap of £40.86 million, a PE ratio of -1,407.50 and a beta of 0.68.
Insiders Place Their Bets
In related news, insider Paul Campbell Atherley sold 1,435,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of GBX 17 ($0.22), for a total value of £243,950 ($320,775.81). 39.01% of the stock is owned by insiders.
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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