Closing Bell: Paramount Resources Ltd down on Thursday (POU)

Paramount Resources Ltd opened trading today at $31.28 and closed at $31.09. prices ranged from a low of $30.75 to a high of $31.51.

Shares dipped -0.45 percent from the previous day's close of $31.23.

During the day across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

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

Trading volume was 170,483 on 1,179 total trades, with an average volume of 165,184 over 5 days.

The TSX market on the whole today saw 1,017 price advancers against 4,222 declines and 91 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 advanced 7.10% in the last year, while they have boosted 19.90% this year.

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 $4.56 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 is holding an average recommendation of "Moderate Buy" from 8.00 analysts according to Zacks. Currently, there are 5 buy ratings and 3 hold ratings for the stock.

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This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..