Pensana Plc (OTCMKTS:PNSPF – Get Free Report) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 728 shares, a growth of ∞ from the June 30th total of 0 shares. Based on an average daily volume of 2,470 shares, the days-to-cover ratio is presently 0.3 days.
Pensana Stock Up 8.0%
PNSPF traded up C$0.06 during trading on Thursday, hitting C$0.84. The company’s stock had a trading volume of 320 shares, compared to its average volume of 3,262. Pensana has a one year low of C$0.78 and a one year high of C$2.58. The business’s 50 day simple moving average is C$1.12 and its 200-day simple moving average is C$1.27.
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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