Pantheon Resources (LON:PANR) Trading Up 11.6% – Should You Buy?

Pantheon Resources Plc (LON:PANRGet Free Report)’s stock price traded up 11.6% on Friday . The stock traded as high as GBX 27.90 ($0.35) and last traded at GBX 27.80 ($0.35). 8,097,285 shares traded hands during trading, an increase of 70% from the average session volume of 4,769,215 shares. The stock had previously closed at GBX 24.90 ($0.31).

Pantheon Resources Stock Performance

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

Pantheon Resources Company Profile

(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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