Pantheon Resources (LON:PANR) Stock Price Down 46.7% – Here’s What Happened
by Amy Steele · The Cerbat GemShares of Pantheon Resources Plc (LON:PANR – Get Free Report) dropped 46.7% on Monday . The stock traded as low as GBX 7.70 and last traded at GBX 9.70. Approximately 396,880,156 shares traded hands during mid-day trading, an increase of 3,670% from the average daily volume of 10,525,935 shares. The stock had previously closed at GBX 18.20.
Pantheon Resources News Roundup
Here are the key news stories impacting Pantheon Resources this week:
- Positive Sentiment: Quick-ratio indicates short-term liquidity cushion (quick ratio 20.28), which could limit immediate solvency risk for the company — monitor if this metric is confirmed in company filings.
- Neutral Sentiment: Market context and size: small-cap stock (market cap ~£128m) with wide 52-week range (GBX 7.70–73) — higher volatility is typical for this name.
- Neutral Sentiment: Valuation and trading history: negative P/E (-9.52) indicates the company is loss-making; current price sits well below both the 50-day (GBX 24.66) and 200-day (GBX 25.39) moving averages, suggesting the move is a continuation of recent weakness.
- Negative Sentiment: Article flags a very large intraday decline (~51.4%), which typically reflects either unexpected operational/financial news, a corrective market reaction, or heavy selling pressure — this is the immediate driver of the share-price fall. Pantheon Resources (LON:PANR) Trading Down 51.4% – Should You Sell?
- Negative Sentiment: Financial structure risks: high reported debt-to-equity (7.35) and a current ratio below 1 (0.79) suggest leverage and working-capital constraints that could amplify downside if revenue/operational shocks persist.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group lowered their price objective on shares of Pantheon Resources from GBX 70 to GBX 66 and set a “speculative buy” rating on the stock in a research report on Thursday, September 25th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 66.
Check Out Our Latest Report on PANR
Pantheon Resources Stock Performance
The company has a current ratio of 0.79, a quick ratio of 20.28 and a debt-to-equity ratio of 7.35. The firm has a market capitalization of £129.47 million, a price-to-earnings ratio of -9.60 and a beta of -0.36. The stock’s 50 day moving average price is GBX 24.66 and its two-hundred day moving average price is GBX 25.39.
About Pantheon Resources
Pantheon Resources plc is an AIM listed Oil & Gas company focused on developing its 100% owned Ahpun and Kodiak fields located on State of Alaska land on the North Slope, onshore USA. Independently certified best estimate contingent recoverable resources attributable to these projects currently total c. 1.6 billion barrels of ANS crude and 6.6 Tcf of associated natural gas. The Company owns 100% working interest in c. 259,000 acres.
Pantheon’s stated objective is to demonstrate sustainable market recognition of a value of approximately $5 per barrel of recoverable resources by end 2028.