Pensana Plc (LON:PRE – Get Rating)’s share price traded down 2.8% on Tuesday . The company traded as low as GBX 57.18 ($0.70) and last traded at GBX 58.35 ($0.71). 890,344 shares were traded during mid-day trading, an increase of 220% from the average session volume of 278,233 shares. The stock had previously closed at GBX 60 ($0.73).
Pensana Stock Down 2.8 %
The business’s fifty day moving average is GBX 56.15 and its two-hundred day moving average is GBX 54.55. The firm has a market cap of £148.90 million, a price-to-earnings ratio of -1,458.75 and a beta of 1.52.
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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