Pantheon Resources (LON:PANR) Shares Up 11.6% – Time to Buy?

Pantheon Resources Plc (LON:PANRGet Free Report) rose 11.6% on Friday . The stock traded as high as GBX 27.90 ($0.35) and last traded at GBX 27.80 ($0.35). Approximately 8,097,285 shares were traded during mid-day trading, an increase of 70% from the average daily volume of 4,769,215 shares. The stock had previously closed at GBX 24.90 ($0.31).

Pantheon Resources Stock Performance

The stock’s fifty day simple moving average is GBX 22.31 and its 200-day simple moving average is GBX 21.48. The company has a market capitalization of £310.75 million, a price-to-earnings ratio of -3,070.00 and a beta of -0.36. The company has a current ratio of 0.58, a quick ratio of 20.28 and a debt-to-equity ratio of 8.69.

About Pantheon Resources

(Get Free Report)

Pantheon Resources Plc, through its subsidiaries, engages in the exploration and production of oil and gas in the United States. Its primary assets are the Alkaid project that covers that covers 40,000 acres located in Alaska; and the Kodiak project covering an area of approximately 124,000 acres located in Alaska.

Further Reading

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