Closing Bell: Paramount Resources Ltd up on Wednesday (POU)

Today, Paramount Resources Ltd shares closed at $30.91 after opening the day at $30.53. It traded at a low of $30.51 to a high of $31.08.

The price advanced 1.28 percent from the previous day's close of $30.52.

During the day across North America, the TSX Composite closed 1.40% at 22350.23, the S&P 500 closed 0.07% at 5576.98, the Dow Jones Industrial Average closed -0.13% at 39291.97 and the Nasdaq Composite closed 0.14% at 18429.29.

Paramount Resources Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker POU.

A total of 163,097 shares was traded during the session, with total trades of 1,082, with an average volume of 210,270 over 5 days.

The TSX market on the whole today saw 3,274 price advancers against 1,962 declines and 102 unchanged.

During the prior 52 weeks, POU.TO has traded as high as $33.80 (October 31,2023) and low as $24.59 (February 06,2024). Moreover, the shares have gained 7.66% in the last year, while they have soared 19.21% year-to-date.

It announced a 0.15 dividend on July 02/24, with an July 15/24 ex-date and July 31/24 pay day.

Following today's trading, Paramount Resources Ltd has a market capitalization of $4.46 billion on a float of 145,200 shares outstanding. Its annual EPS is $2.30.

Paramount Resources Ltd is a TSX Oil & Gas E&P company headquartered in Calgary, CAN.

Currently, Paramount Resources Ltd's consensus rating is "Moderate Buy" based on 8 analysts according to Zacks. Currently, there are 5 buy ratings and 3 hold ratings for the stock.

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