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The latest announcement is out from Pensana Rare Earths PLC ( (GB:PRE) ).
Pensana Rare Earths PLC operates in the rare earths industry, focusing on the production and supply of critical rare earth metals essential for various high-tech and green energy applications. The company is strategically positioned to capitalize on the growing demand for these materials in the global market. Pensana Rare Earths PLC has announced the issuance of 2,857,143 new ordinary shares to M&G Investment Management, which will be listed on the London Stock Exchange. This move increases the company’s total issued share capital to 295,228,239 shares, potentially impacting shareholder voting rights and interest calculations under regulatory rules.
More about Pensana Rare Earths PLC
Average Trading Volume: 1,104,997
Technical Sentiment Signal: Buy
Current Market Cap: £119.9M
For a thorough assessment of PRE stock, go to TipRanks’ Stock Analysis page.
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