Pensana Plc (OTCMKTS:PNSPF – Get Free Report) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 6,183 shares, a growth of 228.7% from the December 31st total of 1,881 shares. Based on an average daily trading volume, of 10,770 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 10,770 shares, the days-to-cover ratio is presently 0.6 days.
Pensana Stock Performance
PNSPF opened at C$1.47 on Thursday. Pensana has a twelve month low of C$0.41 and a twelve month high of C$2.58. The firm’s 50-day moving average price is C$1.29 and its 200 day moving average price is C$1.40.
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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