Linda Havard Buys 21,000 Shares of Pantheon Resources Plc (LON:PANR) Stock

Pantheon Resources Plc (LON:PANR) insider Linda Havard purchased 21,000 shares of the firm’s stock in a transaction on Wednesday, March 26th. The shares were acquired at an average cost of GBX 70 ($0.91) per share, for a total transaction of £14,700 ($19,026.66).

Pantheon Resources Trading Up 8.5 %

Shares of PANR stock opened at GBX 70.40 ($0.91) on Friday. The business has a 50-day moving average of GBX 59.78 and a 200 day moving average of GBX 35.90. The company has a debt-to-equity ratio of 7.35, a current ratio of 0.79 and a quick ratio of 20.28. Pantheon Resources Plc has a 1-year low of GBX 14.20 ($0.18) and a 1-year high of GBX 73 ($0.94). The stock has a market capitalization of £1.01 billion, a PE ratio of -65.68 and a beta of -0.36.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 86 ($1.11) target price on shares of Pantheon Resources in a research report on Monday, March 24th.

About Pantheon Resources

Pantheon Resources plc is an AIM listed Oil & Gas company focused on developing the Ahpun and Kodiak fields located on state land on the Alaska North Slope (“ANS”), onshore USA where, following issue of the new leases, it will have a 100% working interest in c. 259,000 acres. Certified contingent resources attributable to these projects exceeds 1 billion barrels of marketable liquids, located adjacent to Alaska’s Trans Alaska Pipeline System (“TAPS”).

Pantheon’s stated objective is to demonstrate sustainable market recognition of a value of $5-$10/bbl of recoverable resources by end 2028.