Pensana Rare Earths PLC (GB:PRE)
LSE:PRE
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Pensana Rare Earths PLC
(LSE:PRE)
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Rating:48Neutral
Price Target:
90.00 p
▼(-13.88% Downside)
Action:N/ADate:01/24/26
The score is held back primarily by weak financial fundamentals (no revenue, widening losses, and negative free cash flow) alongside a rising debt load. Technicals are moderately supportive with improving trend/momentum, but valuation signals remain weak due to continued losses and the absence of dividend support.
Positive Factors
Integrated upstream-to-downstream strategy
Pensana’s vertical strategy—developing Longonjo concentrate production plus planned UK downstream processing—creates structural control over feedstock and processing. Over months this can improve margin capture, reduce reliance on third-party processors and better serve European magnet-metal demand tied to electrification.
Negative Factors
Pre-revenue development profile
Being pre-revenue with materially widening losses means the business generates no operating cash and depends on financing to progress. Absent validated sales or offtake, commercialization timing is uncertain and the firm faces prolonged funding needs, compressing returns on invested capital over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated upstream-to-downstream strategy
Pensana’s vertical strategy—developing Longonjo concentrate production plus planned UK downstream processing—creates structural control over feedstock and processing. Over months this can improve margin capture, reduce reliance on third-party processors and better serve European magnet-metal demand tied to electrification.
Read all positive factors
Pensana Rare Earths PLC (PRE) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£317.11M
Dividend YieldN/A
Average Volume (3M)1.21M
Price to Earnings (P/E)―
Beta (1Y)0.62
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees51
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding339,522,670
10 Day Avg. Volume1,623,377
30 Day Avg. Volume1,211,701
Financial Highlights & Ratios
PEG Ratio-0.54
Price to Book (P/B)4.79
Price to Sales (P/S)0.00
P/FCF Ratio-26.91
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.03
Revenue Forecast (FY)N/A
Pensana Rare Earths PLC Business Overview & Revenue Model
Company Description
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 refinery project located in the U...
How the Company Makes Money
Pensana’s intended revenue model is to earn income from the sale of rare earth products derived from its upstream mining and downstream processing activities. The primary planned revenue stream is the production and sale of rare earth concentrate ...
Pensana Rare Earths PLC Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
56
Neutral
Cash Flow
24
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2021 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -38.71K | 0.00 | -58.16K | -24.51K | -22.71K |
| EBITDA | -12.11M | -9.56M | -4.24M | -13.66M | -7.08M |
| Net Income | -12.19M | -8.72M | -4.30M | -11.71M | -9.37M |
Balance Sheet | |||||
| Total Assets | 81.98M | 74.57M | 71.63M | 42.03M | 40.80M |
| Cash, Cash Equivalents and Short-Term Investments | 811.68K | 1.52M | 9.70M | 2.93M | 16.79M |
| Total Debt | 17.17M | 10.79M | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 31.41M | 23.62M | 14.87M | 3.65M | 4.63M |
| Stockholders Equity | 50.57M | 50.96M | 56.76M | 38.38M | 36.17M |
Cash Flow | |||||
| Free Cash Flow | -9.00M | -20.20M | -19.74M | -28.79M | -13.58M |
| Operating Cash Flow | -2.80M | -5.56M | -5.75M | -7.95M | -6.87M |
| Investing Cash Flow | -5.41M | -13.05M | -11.58M | -20.85M | -6.71M |
| Financing Cash Flow | 7.46M | 10.43M | 23.90M | 16.37M | 26.19M |
Pensana Rare Earths PLC Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | £158.83M | -8.72 | -9.67% | ― | ― | 28.30% | |
50 Neutral | £15.31M | -1.11 | -43.43% | ― | ― | ― | |
48 Neutral | £317.11M | ― | -20.38% | ― | ― | ― | |
46 Neutral | £117.22M | -19.26 | -17.14% | ― | ― | 54.72% | |
43 Neutral | £31.46M | ― | >-0.01% | ― | ― | -19.57% | |
| ― | £21.89M | -11.03 | ― | ― | ― | ― |
* Basic Materials Sector Average
GB:PRE
Pensana Rare Earths PLC
93.40
60.40
183.03%
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Pensana Rare Earths PLC Corporate Events
Business Operations and StrategyDelistings and Listing ChangesPrivate Placements and Financing
Pensana Secures Major Funding as Longonjo Mine Enters Full Construction and U.S. Supply Chain Push Accelerates
Positive
Mar 27, 2026
Pensana reported strong progress on the Longonjo Rare Earth Mine, moving from design and pre-construction into main construction, with core site infrastructure installed and commissioning targeted for 2027. The group is also advancing community re...
Business Operations and StrategyShareholder Meetings
Pensana Adjourns General Meeting and Publishes Chairman’s Presentation
Negative
Mar 9, 2026
Pensana Plc has adjourned its General Meeting that was scheduled for 9 March 2026, postponing consideration of the proposed resolutions until further notice. The company did not specify new timing, leaving investors without clarity on when key cor...
Business Operations and StrategyDelistings and Listing ChangesPrivate Placements and FinancingShareholder Meetings
Pensana Secures US$165m Cascade Investment to Drive U.S. Mine-to-Magnet Strategy
Positive
Mar 4, 2026
Pensana Plc has secured terms for an increased US$165 million strategic investment from Cascade Natural Resources to advance its U.S. Mine-to-Magnet strategy, centered on the Longonjo rare earth project in Angola. Cascade will subscribe US$15 mill...
Private Placements and FinancingRegulatory Filings and ComplianceShareholder Meetings
Pensana Sets March Vote on US$160 Million Strategic Equity Investment
Positive
Feb 10, 2026
Pensana Plc has confirmed that documentation for a proposed US$160 million strategic equity investment will be sent to shareholders around 17 February 2026, with a General Meeting scheduled for 9 March 2026 to seek investor approval. The move sign...
Private Placements and FinancingRegulatory Filings and Compliance
Pensana Issues New Shares to Quark Financial, Updates Voting Rights
Neutral
Jan 21, 2026
Pensana Plc has agreed to issue 275,000 new ordinary shares of £0.001 each to Quark Financial Limited under a previously concluded subscription agreement, increasing its issued share capital to 339,522,689 ordinary shares. The new shares are ...
Business Operations and Strategy
Pensana Advances Longonjo Drilling to Bolster Resource and Mine Planning
Positive
Jan 21, 2026
Pensana Plc has begun preparations for a 7,000-metre infill drilling programme at its Longonjo rare earth project in Angola, aimed at providing detailed geological and grade control data ahead of planned mining and stockpiling activities from earl...
Regulatory Filings and Compliance
Pensana Finance Director Sells 37,500 Shares in Routine Market Transaction
Neutral
Jan 14, 2026
Pensana Plc, listed on the London Stock Exchange, is involved in the trading of ordinary shares of £0.001 each under the identification code GB00BKM0ZJ18. The company’s securities are actively traded in the UK equity market, where it co...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.