Pantheon Resources (LON:PANR) Trading Down 10.6% – Time to Sell?

by · The Cerbat Gem

Pantheon Resources Plc (LON:PANR – Get Free Report) fell 10.6% during mid-day trading on Thursday . The company traded as low as GBX 6.70 and last traded at GBX 7.02. 74,419,992 shares were traded during mid-day trading, an increase of 300% from the average session volume of 18,625,471 shares. The stock had previously closed at GBX 7.85.

Pantheon Resources News Roundup

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

  • Positive Sentiment: Exploration/drill success or positive resource update could materially re-rate the stock if it increases recoverable volumes or shortens development timelines.
  • Neutral Sentiment: Elevated intraday volume with a small absolute price move — indicates heightened interest but not a clear directional catalyst; check company announcements or broker notes for the reason behind the volume.
  • Neutral Sentiment: Movements in oil & gas prices and macro risk appetite will influence sentiment for small E&P names like PANR, but these are indirect drivers.
  • Negative Sentiment: High reported debt-to-equity and the need for capital (common in exploration companies) raise the risk of dilution or expensive financing, which would likely pressure the share price.
  • Negative Sentiment: Trading well below the 50/200‑day averages and close to the 12‑month low signals technical weakness; continued absence of positive operational news could keep the stock depressed.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group cut their target price 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, According to MarketBeat.com, Pantheon Resources presently has a consensus rating of “Buy” and a consensus price target of GBX 66.

Read Our Latest Stock Report on Pantheon Resources

Pantheon Resources Price Performance

The company has a debt-to-equity ratio of 7.35, a current ratio of 0.79 and a quick ratio of 20.28. The stock has a market capitalization of £94.37 million, a price-to-earnings ratio of -18.42 and a beta of -0.36. The stock’s 50 day simple moving average is GBX 17.10 and its 200-day simple moving average is GBX 22.90.

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. 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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