Pantheon Resrcs (OTCMKTS:PTHRF – Get Free Report) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 104,635 shares, a decline of 64.3% from the April 30th total of 293,473 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 527,409 shares, the days-to-cover ratio is presently 0.2 days.
Pantheon Resrcs Stock Down 3.1%
PTHRF opened at $0.19 on Friday. The firm’s fifty day moving average price is $0.16 and its two-hundred day moving average price is $0.17. Pantheon Resrcs has a 1 year low of $0.09 and a 1 year high of $0.45.
Pantheon Resrcs Company Profile
Pantheon Resources Ltd. is an independent oil and gas exploration and appraisal company that focuses on upstream activities in emerging frontier basins. The company acquires and evaluates exploration licenses, undertakes seismic surveys and environmental studies, and plans and executes drilling programs to assess hydrocarbon potential. Its core objective is to advance early-stage exploration projects to the point of commercial discovery or farm-out.
Pantheon Resources holds a portfolio of offshore and onshore licenses in the Republic of Georgia, awarded by the Georgian Ministry of Economy and Sustainable Development.
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