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

Today in trading, Paramount Resources Ltd stock opened at $29.55 and closed at $29.61. It traded at a low of $28.85 to a high of $29.66.

The price boosted 0.37% from the previous day's close of $29.50.

Today across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

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

Trading volume was 103,093 on 846 total trades, while having an average volume of 186,705 in the last five days.

The TSX market on the whole today saw 3,490 price advancers against 1,736 declines and 92 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 raised 1.27% in the last 12 months, while they have advanced 14.19% 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 $4.31 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. From those 8 analysts, 5 have buy ratings and 3 analysts gave hold ratings.

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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..