Pantheon Resources (LON:PANR) Hits New 1-Year Low at $14.45

Pantheon Resources Plc (LON:PANR)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 14.45 ($0.19) and last traded at GBX 15.08 ($0.20), with a volume of 5859495 shares changing hands. The stock had previously closed at GBX 15.26 ($0.20).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reduced their price target on shares of Pantheon Resources from GBX 90 ($1.19) to GBX 85 ($1.12) and set a “speculative buy” rating for the company in a research report on Tuesday, August 6th.

Pantheon Resources Price Performance

The company has a market capitalization of £144.91 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. The company’s 50 day simple moving average is GBX 18.12 and its 200-day simple moving average is GBX 25.63.

About Pantheon Resources

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.