Pantheon Resources (OTCMKTS:PTHRF) Sets New 12-Month High – Time to Buy?

Shares of Pantheon Resources Plc (OTCMKTS:PTHRF) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $0.88 and last traded at $0.87, with a volume of 562055 shares changing hands. The stock had previously closed at $0.80.

Pantheon Resources Stock Up 8.8 %

The company’s fifty day moving average price is $0.52 and its 200-day moving average price is $0.35. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.05.

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.