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

Paramount Resources Ltd opened trading today at $31.65 and closed at $31.99. It traded at a low of $31.22 to a high of $32.04.

Share prices advanced 0.95 percent from the previous day's close of $31.69.

During the day across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed 0.55% at 5615.35, the Dow Jones Industrial Average closed 0.62% at 40000.90 and the Nasdaq Composite closed 0.63% at 18398.45.

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

A total of 163,886 shares was traded during the last trading day, with total trades of 733, while having an average volume of 162,339 over the last 5-days.

Trading across the entire TSX saw 3,258 price advancers against 1,978 declines and 100 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, in the last 12 months, Paramount Resources Ltd's shares have advanced 10.42 percent, while this year, they have boosted 23.37%.

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 $4.63 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.

Paramount Resources Ltd's average recommendation is "Moderate Buy" based on 8.00 analysts according to Zacks. From those 8 analysts, 5 have buy ratings and 3 analysts gave hold ratings.

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