Canaccord Genuity Group Reaffirms Speculative Buy Rating for Pantheon Resources (LON:PANR)

Canaccord Genuity Group reissued their speculative buy rating on shares of Pantheon Resources (LON:PANR) in a research report released on Wednesday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 90 ($1.13) price target on the stock.

Pantheon Resources Trading Up 0.6 %

LON:PANR opened at GBX 32.65 ($0.41) on Wednesday. Pantheon Resources has a 1 year low of GBX 10.10 ($0.13) and a 1 year high of GBX 45.50 ($0.57). The stock has a market cap of £308.29 million, a P/E ratio of -3,265.00 and a beta of -0.24. The company has a debt-to-equity ratio of 8.69, a quick ratio of 20.28 and a current ratio of 0.58. The stock has a 50-day simple moving average of GBX 30.49 and a 200-day simple moving average of GBX 26.55.

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.