Pantheon Resources Plc (LON:PANR – Get Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 11.79 and traded as high as GBX 15. Pantheon Resources shares last traded at GBX 14.32, with a volume of 4,891,818 shares changing hands.
Pantheon Resources Stock Down 2.0%
The company has a debt-to-equity ratio of 4.84, a current ratio of 1.34 and a quick ratio of 20.28. The stock has a market cap of £204.54 million, a price-to-earnings ratio of -30.50 and a beta of -0.36. The firm’s 50-day moving average is GBX 13.59 and its 200 day moving average is GBX 11.81.
Insider Activity
In other news, insider Spencer of Alresford (Michael Spencer) acquired 2,120,742 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was acquired at an average cost of GBX 14 per share, for a total transaction of £296,903.88. 7.65% of the stock is owned by corporate insiders.
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.
See Also
- Five stocks we like better than Pantheon Resources
- 3 Stocks Came Roaring Back—Now They’re Flashing Warning Signs
- 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run
- Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit?
- Flash in the Pan or Sustained Rally Contender? 3 Momentum Stocks to Watch
Receive News & Ratings for Pantheon Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pantheon Resources and related companies with MarketBeat.com's FREE daily email newsletter.
