Pensana Plc (OTCMKTS:PNSPF – Get Free Report) shares fell 2.6% during mid-day trading on Thursday . The company traded as low as C$1.12 and last traded at C$1.12. Approximately 7,005 shares traded hands during mid-day 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’s 50 day simple moving average is C$1.26 and its 200 day simple moving average is 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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