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Pensana Rare Earths PLC ( (GB:PRE) ) has issued an update.
The Chairman of Pensana Rare Earths PLC, Paul Atherley, has sold 250,000 ordinary shares at a price of £0.247 each, totaling £61,750. This transaction was conducted on the London Stock Exchange on December 19, 2024. The sale of shares by a key figure in the company could indicate a strategic financial decision or personal liquidity needs, potentially impacting market perception and stakeholder confidence.
More about Pensana Rare Earths PLC
Pensana Rare Earths PLC is a company operating in the rare earths industry, providing essential materials crucial for various high-tech and green technology applications. The company focuses on the production and development of rare earth metals, which are integral to the manufacture of permanent magnets used in electric vehicles, wind turbines, and other advanced technologies.
YTD Price Performance: 14.98%
Average Trading Volume: 1,008,917
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £72.42M
Learn more about PRE stock on TipRanks’ Stock Analysis page.