Pensana Plc (OTCMKTS:PNSPF – Get Free Report) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 8,307 shares, a decrease of 57.3% from the January 29th total of 19,454 shares. Based on an average daily trading volume, of 2,049 shares, the short-interest ratio is presently 4.1 days. Based on an average daily trading volume, of 2,049 shares, the short-interest ratio is presently 4.1 days.
Pensana Price Performance
PNSPF remained flat at C$1.61 during trading on Friday. The company had a trading volume of 250 shares, compared to its average volume of 3,716. The firm’s 50 day moving average is C$1.36 and its 200-day moving average is C$1.46. Pensana has a 1-year low of C$0.41 and a 1-year high of C$2.58.
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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