Pantheon Resources (OTCMKTS:PTHRF) Upgraded by Canaccord Genuity Group to “Moderate Buy”

Pantheon Resources (OTCMKTS:PTHRF) was upgraded by equities research analysts at Canaccord Genuity Group to a “moderate buy” rating in a note issued to investors on Wednesday, Zacks.com reports.

Pantheon Resources Stock Performance

Shares of PTHRF stock remained flat at $0.24 during trading hours on Wednesday. 383,653 shares of the stock traded hands, compared to its average volume of 349,838. The firm has a 50 day moving average price of $0.30 and a 200 day moving average price of $0.35. Pantheon Resources has a 12-month low of $0.13 and a 12-month high of $0.60.

Pantheon Resources Company Profile

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 Alkaid project that covers that covers 40,000 acres located in Alaska; and the Kodiak project covering an area of approximately 124,000 acres located in Alaska.