Pantheon Resources (LON:PANR) Stock Price Down 19.8% – What’s Next?

Pantheon Resources Plc (LON:PANRGet Free Report)’s stock price traded down 19.8% on Tuesday . The stock traded as low as GBX 18.12 and last traded at GBX 20.30. 73,807,742 shares changed hands during trading, an increase of 749% from the average session volume of 8,696,668 shares. The stock had previously closed at GBX 25.30.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group decreased their price target on shares of Pantheon Resources from GBX 70 to GBX 66 and set a “speculative buy” rating for the company in a report on Thursday, September 25th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 66.

View Our Latest Analysis on Pantheon Resources

Pantheon Resources Trading Down 19.8%

The stock has a 50-day moving average of GBX 26.06 and a 200 day moving average of GBX 26.08. The stock has a market cap of £270.96 million, a PE ratio of -20.10 and a beta of -0.36. The company has a quick ratio of 20.28, a current ratio of 0.79 and a debt-to-equity ratio of 7.35.

Pantheon Resources Company Profile

(Get Free Report)

Pantheon Resources plc is an AIM listed Oil & Gas company focused on developing its 100% owned Ahpun and Kodiak fields located on State of Alaska land on the North Slope, onshore USA. Independently certified best estimate contingent recoverable resources attributable to these projects currently total c.

Further Reading

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