Pantheon Resrcs (OTCMKTS:PTHRF) Stock Price Up 2.2% - Still a Buy?

Key Points

• Pantheon Resrcs stock price increased by 2.2%, trading at $0.33, though it saw a significant drop in volume, down 63% from the average.
• The company's 50-day moving average is $0.34, while the 200-day moving average stands at $0.55.
• Pantheon Resources focuses on oil and gas exploration and production in the United States, with key projects located in Alaska.

Pantheon Resrcs (OTCMKTS:PTHRF - )'s stock price rose 2.2% during mid-day trading on Friday . The company traded as high as $0.33 and last traded at $0.33. Approximately 157,625 shares changed hands during trading, a decline of 63% from the average daily volume of 431,749 shares. The stock had previously closed at $0.32.

Pantheon Resrcs Price Performance

The company's 50-day moving average price is $0.34 and its 200 day moving average price is $0.55.

About Pantheon Resrcs

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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