Pantheon Resrcs (OTCMKTS:PTHRF) Share Price Passes Below 50-Day Moving Average – Here’s What Happened

Shares of Pantheon Resrcs (OTCMKTS:PTHRFGet Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.19 and traded as low as $0.1502. Pantheon Resrcs shares last traded at $0.1550, with a volume of 1,468,616 shares trading hands.

Pantheon Resrcs Stock Down 3.2%

The stock has a fifty day moving average price of $0.19 and a 200-day moving average price of $0.15.

Pantheon Resrcs Company Profile

(Get Free Report)

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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