Pantheon Resources (OTCMKTS:PTHRF) Stock Price Up 16.5% – Should You Buy?

Pantheon Resources Plc (OTCMKTS:PTHRFGet Free Report) shot up 16.5% on Monday . The stock traded as high as $0.37 and last traded at $0.37. 1,476,662 shares changed hands during trading, an increase of 355% from the average session volume of 324,286 shares. The stock had previously closed at $0.32.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upgraded shares of Pantheon Resources to a “moderate buy” rating in a research report on Wednesday, August 7th.

Check Out Our Latest Stock Analysis on PTHRF

Pantheon Resources Price Performance

The stock’s 50-day simple moving average is $0.24 and its two-hundred day simple moving average is $0.29.

Pantheon Resources Company Profile

(Get Free Report)

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.

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