Pensana Plc (OTCMKTS:PNSPF) Short Interest Update

Pensana Plc (OTCMKTS:PNSPFGet Free Report) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 8,307 shares, a decline of 57.3% from the January 29th total of 19,454 shares. Based on an average trading volume of 2,049 shares, the days-to-cover ratio is currently 4.1 days. Based on an average trading volume of 2,049 shares, the days-to-cover ratio is currently 4.1 days.

Pensana Stock Performance

Pensana stock opened at C$1.61 on Friday. Pensana has a 12 month low of C$0.41 and a 12 month high of C$2.58. The stock’s 50 day simple moving average is C$1.37 and its two-hundred day simple moving average is C$1.47.

Pensana Company Profile

(Get Free Report)

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.

Further Reading

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