Pantheon Resources Plc (LON:PANR - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 40.35 ($0.54) and traded as low as GBX 34.70 ($0.46). Pantheon Resources shares last traded at GBX 37.05 ($0.49), with a volume of 11,618,580 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reissued a "speculative buy" rating and set a GBX 86 ($1.15) price target on shares of Pantheon Resources in a report on Monday, March 24th.
Check Out Our Latest Report on PANR
Pantheon Resources Trading Up 1.7 %
The stock has a market cap of £483.47 million, a PE ratio of -31.58 and a beta of -0.36. The company has a 50 day moving average of GBX 57.79 and a two-hundred day moving average of GBX 40.37. The company has a debt-to-equity ratio of 7.35, a quick ratio of 20.28 and a current ratio of 0.79.
Insider Transactions at Pantheon Resources
In related news, insider Linda Havard purchased 21,000 shares of Pantheon Resources stock in a transaction that occurred on Wednesday, March 26th. The stock was purchased at an average price of GBX 70 ($0.93) per share, for a total transaction of £14,700 ($19,607.84). Corporate insiders own 10.15% of the company's stock.
About Pantheon Resources
(
Get Free Report)
Pantheon Resources plc is an AIM listed Oil & Gas company focused on developing the Ahpun and Kodiak fields located on state land on the Alaska North Slope ("ANS"), onshore USA where, following issue of the new leases, it will have a 100% working interest in c. 259,000 acres. Certified contingent resources attributable to these projects exceeds 1 billion barrels of marketable liquids, located adjacent to Alaska's Trans Alaska Pipeline System ("TAPS").
Pantheon's stated objective is to demonstrate sustainable market recognition of a value of $5-$10/bbl of recoverable resources by end 2028.
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