Shares of Pantheon Resources Plc (LON:PANR – Get Free Report) traded down 50.5% on Monday . The stock traded as low as GBX 7.69 and last traded at GBX 9. 433,062,656 shares were traded during trading, an increase of 3,958% from the average session volume of 10,671,832 shares. The stock had previously closed at GBX 18.20.
Key Pantheon Resources News
Here are the key news stories impacting Pantheon Resources this week:
- Positive Sentiment: Very high quick ratio (20.28) suggests the company may have liquid resources to cover short‑term obligations, which can reduce immediate insolvency risk for creditors and investors.
- Neutral Sentiment: The article frames the move as a trigger for a sell/hold decision rather than offering a definitive recommendation — it prompts investors to weigh volatility, risk tolerance and fundamentals before acting. Pantheon Resources (LON:PANR) Trading Down 51.4% – Should You Sell?
- Negative Sentiment: The article highlights a large, rapid sell‑off with unusually high trading volume and poor technicals (price now well below its 50‑ and 200‑day averages), combined with weak operating/funding ratios (current ratio below 1 and high debt/equity), which likely drove the sharp share decline. Pantheon Resources (LON:PANR) Trading Down 51.4% – Should You Sell?
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group cut their price objective on shares of Pantheon Resources from GBX 70 to GBX 66 and set a “speculative buy” rating for the company in a research report on Thursday, September 25th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 66.
Pantheon Resources Trading Down 50.5%
The firm has a market cap of £120.13 million, a price-to-earnings ratio of -8.91 and a beta of -0.36. 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 company has a 50 day moving average price of GBX 24.31 and a 200 day moving average price of GBX 25.27.
About Pantheon Resources
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. 1.6 billion barrels of ANS crude and 6.6 Tcf of associated natural gas. The Company owns 100% working interest in c. 259,000 acres.
Pantheon’s stated objective is to demonstrate sustainable market recognition of a value of approximately $5 per barrel of recoverable resources by end 2028.
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