Shares of Pantheon Resources Plc (LON:PANR - Get Free Report) were up 13.8% on Tuesday . The stock traded as high as GBX 57 ($0.71) and last traded at GBX 56.90 ($0.71). Approximately 11,383,340 shares were traded during mid-day trading, an increase of 54% from the average daily volume of 7,410,994 shares. The stock had previously closed at GBX 50 ($0.63).
Pantheon Resources Stock Performance
The company has a debt-to-equity ratio of 8.69, a quick ratio of 20.28 and a current ratio of 0.58. The firm has a market capitalization of £628.28 million, a price-to-earnings ratio of -3,070.00 and a beta of -0.36. The stock's fifty day moving average is GBX 33.88 and its two-hundred day moving average is GBX 24.07.
About Pantheon Resources
(
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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.
Further Reading
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