Pantheon Resources (OTCMKTS:PTHRF) Stock Price Down 1.8%

Pantheon Resources Plc (OTCMKTS:PTHRFGet Rating) traded down 1.8% on Friday . The company traded as low as $1.06 and last traded at $1.09. 210,190 shares changed hands during trading, a decline of 75% from the average session volume of 843,944 shares. The stock had previously closed at $1.11.

A number of equities research analysts have weighed in on the company. Peel Hunt began coverage on Pantheon Resources in a report on Wednesday, May 18th. They set a “sell” rating on the stock. Canaccord Genuity Group boosted their target price on Pantheon Resources from GBX 250 ($3.07) to GBX 280 ($3.44) in a report on Monday, April 25th.

The firm has a fifty day moving average price of $1.36 and a 200 day moving average price of $1.43.

About Pantheon Resources (OTCMKTS:PTHRF)

Pantheon Resources Plc, through its subsidiaries, engages in the exploration and production of oil and gas in the United States. Its primary assets are the Greater Alkaid project that covers 22,804 acres located in Alaska; and the Talitha project covering an area of approximately 44,463 acres. The company was incorporated in 2005 and is headquartered in London, the United Kingdom.

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