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

Paramount Resources Ltd opened trading today at $30.24 and closed at $29.84. prices ranged from $29.64 to $30.24.

The price reduced -1.68% from the previous day's close of $30.35.

During the day across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

Paramount Resources Ltd traded under POU on the Toronto Stock Exchange (TSX).

Trading volume was 198,550 on 1,483 total trades, with an average volume of 218,472 over 5 days.

The TSX overall saw 3,093 price advancers against 2,137 declines and 96 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 2.16% in the last 12 months, while they have advanced 15.08% 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 $4.43 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. Currently, there are 5 buy ratings and 3 hold ratings for the stock.

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