Pensana (OTCMKTS:PNSPF) Trading Up 6.9% – What’s Next?

Pensana Plc (OTCMKTS:PNSPF) shares rose 6.9% during trading on Wednesday . The company traded as high as C$1.39 and last traded at C$1.39. Approximately 4,300 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 7,517 shares. The stock had previously closed at C$1.30.

Pensana Stock Performance

The business has a 50-day moving average price of C$1.27 and a two-hundred day moving average price of C$1.37.

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.