Pantheon Resources (LON:PANR) Hits New 1-Year Low – Time to Sell?

Pantheon Resources Plc (LON:PANR)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 17.60 and last traded at GBX 17.80, with a volume of 24775162 shares traded. The stock had previously closed at GBX 18.96.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reduced 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 research report on Thursday, September 25th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 66.

Pantheon Resources Price Performance

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 cap of £237.59 million, a P/E ratio of -17.62 and a beta of -0.36. The firm has a 50 day moving average price of GBX 25.38 and a 200 day moving average price of GBX 25.68.

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.