Pensana Plc (LON:PRE – Get Free Report)’s stock price dropped 10.9% during mid-day trading on Wednesday . The stock traded as low as GBX 28 ($0.35) and last traded at GBX 28.25 ($0.36). Approximately 2,657,836 shares changed hands during trading, an increase of 259% from the average daily volume of 740,669 shares. The stock had previously closed at GBX 31.70 ($0.40).
Pensana Stock Down 12.2 %
The business has a 50 day moving average price of GBX 24.04 and a 200 day moving average price of GBX 20. The stock has a market cap of £80.83 million, a P/E ratio of -3,200.00 and a beta of 0.68.
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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