Insider Buying: Pantheon Resources Plc (LON:PANR) Insider Purchases 21,000 Shares of Stock

Pantheon Resources Plc (LON:PANR - Get Free Report) insider Linda Havard purchased 21,000 shares of the stock in a transaction dated Wednesday, March 26th. The shares were acquired at an average price of GBX 70 ($0.91) per share, for a total transaction of £14,700 ($19,006.98).

Pantheon Resources Stock Down 7.6 %

Shares of LON PANR traded down GBX 5.30 ($0.07) during mid-day trading on Monday, reaching GBX 64.70 ($0.84). The company had a trading volume of 7,130,764 shares, compared to its average volume of 7,074,526. The stock has a market capitalization of £924.09 million, a PE ratio of -60.36 and a beta of -0.36. Pantheon Resources Plc has a twelve month low of GBX 14.20 ($0.18) and a twelve month high of GBX 73 ($0.94). The company has a debt-to-equity ratio of 7.35, a quick ratio of 20.28 and a current ratio of 0.79. The stock's 50 day moving average is GBX 59.78 and its 200-day moving average is GBX 35.90.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a "speculative buy" rating and set a GBX 86 ($1.11) price target on shares of Pantheon Resources in a report on Monday, March 24th.

About Pantheon Resources

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.