Pensana Plc (OTCMKTS:PNSPF – Get Free Report) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 19,454 shares, an increase of 214.6% from the January 15th total of 6,183 shares. Based on an average trading volume of 3,878 shares, the short-interest ratio is presently 5.0 days. Based on an average trading volume of 3,878 shares, the short-interest ratio is presently 5.0 days.
Pensana Stock Performance
Shares of Pensana stock traded up C$0.09 during trading on Wednesday, reaching C$1.42. The company’s stock had a trading volume of 6,333 shares, compared to its average volume of 4,871. The company has a 50-day moving average price of C$1.31 and a two-hundred day moving average price of C$1.42. Pensana has a fifty-two week low of C$0.41 and a fifty-two week high of C$2.58.
About Pensana
Pensana Plc is a critical metals company engaged in the exploration, development and processing of rare earth elements essential for clean energy and high‐technology applications. The company’s flagship asset is the Longonjo rare earths project in Angola, which is being advanced toward production of neodymium and praseodymium—key magnets in electric vehicles, wind turbines and consumer electronics. Pensana has structured its operations to address both upstream mining and downstream beneficiation, ensuring that its concentrate is processed into separated rare earth oxides.
To support a robust and secure supply chain, Pensana is developing the Saltend rare earth processing facility in the United Kingdom.
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