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

Today in trading, shares of Paramount Resources Ltd opened at $30.00 and closed at $29.50. prices ranged from a low of $29.49 to a high of $30.26.

Shares eased -1.14 percent from the previous day's close of $29.84.

Today across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

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

Trading volume was 148,060 on 895 total trades, with an average volume of 200,183 in the last five days.

The TSX overall saw 1,249 price advancers against 3,959 declines and 110 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 shrunken -0.03 percent, while they have advanced 13.77% since the start of 2024.

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 $4.36 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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