Pantheon Resources (LON:PANR) Stock Price Down 47.6% – Here’s Why

Pantheon Resources Plc (LON:PANR) shares traded down 47.6% during mid-day trading on Monday . The stock traded as low as GBX 7.70 and last traded at GBX 9.53. 394,520,906 shares were traded during trading, an increase of 3,651% from the average session volume of 10,516,422 shares. The stock had previously closed at GBX 18.20.

Key Headlines Impacting Pantheon Resources

Here are the key news stories impacting Pantheon Resources this week:

• Neutral Sentiment: Market context: the sell‑off was accompanied by very high volume, signalling heightened investor attention and liquidity — this can amplify moves in either direction and increase short‑term volatility.
• Negative Sentiment: The article focuses on the large decline (reported ~51.4%) and frames the situation as a near‑term negative event for holders; it raises the question of whether to sell and highlights downside pressure on the stock. Pantheon Resources (LON:PANR) Trading Down 51.4% – Should You Sell?

Analysts Set New Price Targets

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

Pantheon Resources Price Performance

The business has a 50-day simple moving average of GBX 23.98 and a two-hundred day simple moving average of GBX 25.16. The company has a quick ratio of 20.28, a current ratio of 0.79 and a debt-to-equity ratio of 7.35. The stock has a market capitalization of £125.71 million, a price-to-earnings ratio of -9.32 and a beta of -0.36.

Pantheon Resources Company Profile

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.