Insider Selling: Pensana Plc (LON:PRE) Insider Sells £81,900 in Stock

Pensana Plc (LON:PRE) insider Robert Kaplan sold 315,000 shares of Pensana stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of GBX 26 ($0.33), for a total transaction of £81,900 ($102,941.18).

Pensana Price Performance

Shares of PRE stock opened at GBX 24.43 ($0.31) on Monday. Pensana Plc has a one year low of GBX 13 ($0.16) and a one year high of GBX 35.50 ($0.45). The company’s fifty day moving average price is GBX 25.15 and its 200-day moving average price is GBX 20.33. The company has a market capitalization of £70.91 million, a price-to-earnings ratio of -2,443.00 and a beta of 0.68.

Pensana Company Profile

Pensana Plc engages in the exploration and development of mineral properties in Angola. The company primarily explores for neodymium and praseodymium (NdPr) deposits. Its flagship assets are the Saltend rare earth project located in the United Kingdom and the Longonjo NdPr project located in Angola. The company was formerly known as Pensana Rare Earths Plc and changed its name to Pensana Plc in February 2021.