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Pensana (LON:PRE) Trading Up 1.5% - Here's What Happened

Pensana logo with Basic Materials background

Pensana Plc (LON:PRE - Get Free Report)'s stock price shot up 1.5% on Friday . The company traded as high as GBX 27.94 ($0.35) and last traded at GBX 27.60 ($0.35). 874,095 shares traded hands during mid-day trading, an increase of 23% from the average session volume of 711,778 shares. The stock had previously closed at GBX 27.20 ($0.34).

Pensana Price Performance

The company has a 50 day simple moving average of GBX 21.87 and a 200-day simple moving average of GBX 19.68. The firm has a market cap of £80.11 million, a PE ratio of -2,760.00 and a beta of 0.68.

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.

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