Pensana Plc (OTCMKTS:PNSPF – Get Free Report) shares traded down 2.6% during mid-day trading on Thursday . The company traded as low as C$1.12 and last traded at C$1.12. 7,005 shares were traded during trading, an increase of 106% from the average daily volume of 3,404 shares. The stock had previously closed at C$1.15.
Pensana Stock Performance
The company has a 50-day moving average price of C$1.26 and a 200-day moving average price of C$1.31.
Pensana Company Profile
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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